The financial statements of Viva's Natural Foods include the following items: (Click the icon to view the financial statements.) 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.XX.) Current ratio Financial statements OX More info Current Year Preceding Year Balance Sheet: Cash 23,000 $ 28,000 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 10,000 29,000 Short-term Investments Net Accounts Receivables Merchandise Inventory 48,000 74,000 18,000 84,000 84,000 3,000 Prepaid ses Total Current Assets Total Current Liabilities 173,000 228,000 Print Done 140,000 90,000 Income Statement: Net Credit Sales $ 463,000 Cost of Goods Sold 312,000