Use the following selected data from Business Solutions$$s income statement for the three months ended March $31,2021,$ and from its March $31,2021,$ balance sheet to complete the requirements.

Computer services revenue $ $26,190$

Net sales $($of goods$)19,905$

Total sales and revenue $46,095$

Cost of goods sold $15,104$

Net income $18,381$

Quick assets $88,660$

Current assets $95,288$

Total assets $121,160$

Current liabilities $945$

Total liabilities $945$

Total equity $120,215$

Required:

Compute the gross margin ratio $($both with and without services revenue$)$ and net profit margin ratio.

Compute the current ratio and acid$-$test ratio.

Compute the debt ratio and equity ratio.

What percent of its assets are current? What percent are long term?