The financial statements of Leader Ben, Inc., include the following items: (Click the icon to view the financial statements.) Requirement 1a. Compute the current ratio. Select the formula and then enter the amounts to calculate the current ratio for the current year. (Round your answer to two decimal places.) = = Current ratio Data table Requirement 1. Compute the following ratios for the current year: (a) current ratio, (b) quick ratio, (c) cash conversion cycle, (d) accounts receivable turnover, (e) inventory turnover, (f) gross profit percentage, and (g) net income percentage. Round all calculations to two decimal places, days to full days, and percentages to the nearest tenth of a percent. Assume all sales are on credit. (Abbreviations used: A/R = Accounts receivable, Avg = Average, ST = Short-term.) - Balance Sheet Cash Short-term investments Accounts receivables, net Inventory Prepaid expenses Total current assets Print Done Current Year Previous Year S 19,000 $ 45,000 11,000 28,000 47,000 75,000 76,000 42,000 12,000 11,000 165,000 201,000 44,000 42,000 100,000 93,000 Accounts payable Total current liabilities Income Statement Net sales $ 463,000 Cost of goods sold 360,000 Net income 50,000