The financial statements of the news magazine publisher Daily Rain Inc. include the following items: Furthermore, the company shows total non-current assets of $1,325,000 and $1,334,000 for the years 2021 and 2020 , respectively. The current liabilities total $177,600 and $195,800 for the years 2021 and 2020 , respectively. Daily Rain inc. realized net credit sales of $2,954,000 and recorded $2,825,000 in costs of goods sold for the year 2021. Rsquirement 1: Compute the following ratios for the year 2021. Upload your calculations to the dropbox after submitting the online exam. Blank "1: Cuirrent ratio (round to two digits) Blank 12 : Quick (acid test) ratio (round to two digits) Blank a 3: Inventory turnover (round to one digit) Blank E4: Accounts receivable turnover (round to one digit) Requirement 1: Compute the following ratios for the year 2021. Upload your calculations to the dropbox after submitting the online exam. Blank \#1: Current ratio (round to two digits) Blank \#2: Quick (acid test) ratio (round to two digits) Blank \#3: Inventory turnover (round to one digit) Blank \#4: Accounts receivable turnover (round to one digit) Requirement 2: Answer the questions below. 2-3 sentences each. Blank \# 5: How do you interpret the liquidity of the company based on your calculations? Blank \#6: What can you learn from the inventory turnover in this particular case? Blank \#7: What additional information would you need (or calculate) to gain further insights of Daily Rain Inc.'s financial health and why? Blank \# 1 Blank \# 2 Blank #3 Blank A4 Blank 1 if 5 Blank A 6 Blank =7