The financial statements of Valerie's Natural Foods include the following items: (Click the icon to view the financial statements.) Compute the following ratios for the curent year (Click the icon to view the ratios) a. Compute the current fatio for the current year. (Abbreviations used: STI Short-term investments. Round your answer to two decimal places, XXX) Current ratio b. Compute the cash ratio for the current year. (Round your answer to two decimal places, XXX) Choose from any list or enter any number in the input fields and then continue to the next question. mb i Financial Statements Balance Sheet: Cash Short-term Investments Net Accounts Receivables $ 69 Current Year Preceding Year Print Done - X 22,000 $ 28,000 19,000 21,000 40,000 72,000 ht mb iFinancial Statements Net Accounts Receivables Merchandise Inventory Prepaid Expenses Total Current Assets Total Current Liabilities Income Statement: - ear: 40,000 72,000 84,000 62,000 al pla 10,000 6,000 I 175,000 189,000 136,000 90,000 Print Done Financial Statements Trepaid Lxpenses - X Total Current Assets 175,000 189,000 Total Current Liabilities 136,000 90,000 Income Statement: I Net Credit Sales 81 $ 462,000 Cost of Goods Sold 310,000 Print Done More Info a. Current ratio b. Cash ratio c. Acid-test ratio d. Inventory turnover e. Days' sales in inventory f. Days' sales in receivables g. Gross profit percentage Print Done