The financial statements of Virginia's Natural Foods include the following items: Compute the following ratios for the current year: (Click the icon to view the financial statements.) i (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 = 365 days / Accounts receivable turnover ratio 365 days / Inventory turnover 365 days / Total current assets (Cash + Cash equivalents) / Total current liabilities (Cash + Prepaid expenses) / Total current liabilities (Cash + STI + Net current receivables) / Total current liabilities Cost of goods sold / Average merchandise inventory Gross profit / Net sales revenue Net sales revenue / Gross profit Total current assets / Total current liabilitiesX Financial Statements Current Year Preceding Year Balance Sheet: Cash 21,000 $ 30,000 Short-term Investments 11,000 20,000 Net Accounts Receivables 40,000 80,000 Merchandise Inventory 80,000 78,000 Prepaid Expenses 14,000 6.000 Total Current Assets 166,000 214,000 Total Current Liabilities 134,000 93,000 Income Statement: Net Credit Sales 468,000 Cost of Goods Sold 317,000X 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