The financial statements of Vanna's Natural Foods include the following items: : Compute the following ratios for the current year: (Click the icon to view the financial statements.) (Click the icon to view the ratios.) a. Compute the current ratio for the current year. (Abbreviations used: STI = Short-term investments. Round your answer to two decimal places, X.XX.) Current ratio More info a. Current ratio e. Days' sales in inventory b. Cash ratio f. Days' sales in receivables c. Acid-test ratio g. Gross profit percentage d. Inventory turnover \begin{tabular}{lcrr} \hline & Current Year & Preceding Year \\ \hline Balance Sheet: & & \\ Cash & $ & 14,000 & $1,000 \\ Short-term Investments & 16,000 & 22,000 \\ Net Accounts Receivables & 48,000 & 80,000 \\ Merchandise Inventory & 86,000 & 64,000 \\ Prepaid Expenses & 15,000 & 6,000 \\ Total Current Assets & 179,000 & 203,000 \\ Total Current Liabilities & 140,000 & 93,000 \\ Income Statement: & & \\ Net Credit Sales & $ & 470,000 & \\ Cost of Goods Sold & 312,000 & \\ \hline \end{tabular}