The financial statements of Viva's Natural Foods include the following items: (Click the icon to view the financial statements.) ww Compute the following ratios for the current year. (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.XXX) Current ratio Financial Statements Current Year Preceding Year Balance Sheet: Cash 15,000 $ 28,000 Short-term Investments 10,000 27,000 Net Accounts Receivables 48,000 74,000 Merchandise Inventory 64,000 82,000 Prepaid Expenses 13,000 9,000 Total Current Assets Total Current Liabilities Income Statement: Net Credit Sales Cost of Goods Sold 150,000 220,000 139,000 93,000 69 464,000 310,000 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 -