The financial statements of Vanna's Natural Foods include the following items:

View the financial statements.

Compute the following ratios for the current year.

a$.$ Current ratio

d$.$ Inventory turnover

f$.$ Days' sales in receivables

b$.$ Cash ratio

e$.$ Days' sales in inventory

g$.$ Gross profit percentage

c$.$ Acid$-$test ratio

a$.$ Compute the current ratio for the current year. $($Round your answer to two decimal places, XXXX$)$

Current ratio $=$ Total current assets $-$ Total current liabilities

Financial Statements

b$.$ Compute the cash ratio for the current year $($Round your answer to two decimal places, $xxx)$

Cash ratio Cash $+$ Cash equivalents