The financial statements of Victor's Natural Foods include the following items: (Click the icon to view the financial statements.) Compute the following ratios for the current year: A (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 = b. Compute the cash ratio for the current year. (Round your answer to two decimal places, X.XX.) Financial statements Cash ratio c. Compute the acid-test ratio for the current year. (Round your answer to two decimal places, X.XX.) Current Year Preceding Year Balance Sheet: Acid-test ratio Cash S 19.000 $ 30.000 d. Compute the inventory tumover for the current year. (Round your answer to two decimal places, X.XX.) 14.000 22.000 74.000 Inventory tumover = times 44.000 86.000 10,000 e. Compute the days' sales in inventory for the current year. (Round intermediary calculations to two decimal places, X.XX and round your final ans 64.000 9,000 Short-term Investments Net Accounts Receivables Merchandise Inventory Prepaid Expenses Total Current Assets Total Current Liabilities Income Statement: Days' sales in inventory = = days 199.000 173.000 134.000 f. Compute the days' sales in receivables for the current year. (Round intermediary calculations to two decimal places, X.XX and round your final an 86.000 Days' sales in receivables days $ 474,000 g. Compute the gross profit percentage for the current year. (Round your answer to one tenth of a percent, X.X%.) Net Credit Sales Cost of Goods Sold 317.000 Gross profit percentage % Print Done