Use the following selected data from Business Solutions$$s income statement for the three months ended March $31,2022,$ and from its March $31,2022,$ balance sheet to complete the requirements.

Computer services revenue $ $26,197$

Net sales $($of goods$)19,992$

Total sales and revenue $46,189$

Cost of goods sold $15,996$

Net income $18,834$

Quick assets $91,476$

Current assets $96,336$

Total assets $118,400$

Current liabilities $810$

Total liabilities $810$

Total equity $117,590$

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?