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The following information relates Stephen MJ LLC Account Current year Net sales (all credit) $535,675 Cost of goods sold $378,050 Gross profit $144,165 Income from

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The following information relates Stephen MJ LLC Account Current year Net sales (all credit) $535,675 Cost of goods sold $378,050 Gross profit $144,165 Income from operations $95,500 Interest expense $23,500 Net income $57,600 Cash $33,900 Prior year $499,500 $353,600 $145,900 $79,900 $19,500 $51,600 $15,900 Accounts receivable, net $41,000 $23,200 Inventory Prepaid expenses Total current assets Total long-term assets Total current liabilities $23,000 $2,000 $108,400 $62,000 $44,000 $30,300 $1,500 $70,900 $38,000 $41,600 Total long-term liabilities $25,000 $22,700 Common stock, no par, 3,000 shares, value $50/share $30,000 $30,000 Required: What is the acid-test ratio for the current year? What is the inventory turnover for the current year? What is days' sales in receivables for the current year? What is the rate of return on total assets for the current year? What is the times-interest-earned ratio for the current year? What is the current ratio for the current year? Round answers to two decimal places, don't include dollar signs, commas or words in

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