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The financial statements of Chloride Corporation include the following items Compute the following ratios for the current year (Click the icon to view the data.) Click the icon to view the ratios.) Data Table More Info 7. Current ratio 8. Acid-test ratio 9. nventory turnover 10. Gross profit percentage Current Year Preceding Year Balance Sheet Cash 12,000 S Net Accounts Receivable Merchandise Inventory Prepaid Expenses Total Current Assets Total Current Liabilities 4,600 20,500 32,400 7,900 77,400 55,100 15,000 11,100 21,700 27,100 4,800 79,700 38,200 Print Done Income Statement: Net Sales Revenue 186,500 Cost of Goods Sold 126,700 PrintDone