The following data is from the income statement of Ralston Company:

Revenue$ 4,000Cost of goods sold(2,100)Operating expenses(560)Net income$ 1,340

What is the company's gross margin percentage?

AccountCompany XCompany YCompany ZCost of goods sold$4,360,000$9,062,500$6,868,000Inventory$ 554,000$ 797,000$ 683,600

What is the average number of days to sell inventory for Company Y?

The following information is taken from the balance sheet of Atlanta Company:

Current assets$ 1,650Current liabilities$ 750Property, Plant & Equipment1,600Noncurrent liabilities740Total assets$ 3,250Total liabilities$ 1,490

What is Atlanta Company's current ratio?