Use the following selected data from Business Solutionss 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	$ 25,581
Net sales (of goods)	20,883
Total sales and revenue	46,464
Cost of goods sold	13,368
Net income	20,730
Quick assets	91,752
Current assets	96,960
Total assets	120,968
Current liabilities	995
Total liabilities	995
Total equity	119,973

Required: 1. Compute the gross margin ratio (both with and without services revenue) and net profit margin ratio. 2. Compute the current ratio and acid-test ratio. 3. Compute the debt ratio and equity ratio. 4. What percent of its assets are current? What percent are long term?