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 Net sales (of goods) Total sales and revenue Cost of goods sold Net income Quick assets Current assets Total assets Current liabilities Total liabilities Total equity Required: $ 26,596 19,290 45,886 12,016 18,780 91,532 97,440 119,232 1,015 1,015 118,217 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? Required 1 Required 2 Required 3 Required 4 Compute the gross margin ratio (both with and without services revenue) and net profit margin ratio. (Round your percentage answers to 1 decimal place.) Gross margin ratio Net profit margin ratio With Service Without Service Revenue Revenue % % % < Required 1 Required 2 > Required 1 Required 2 Required 3 Required 4 Compute the current ratio and acid-test ratio. (Round your answers to 1 decimal place.) Current ratio Acid-test ratio < Required 1 Required 3 > Required 1 Required 2 Required 3 Required 4 Compute the debt ratio and equity ratio. (Round your percentage answers to 1 decimal place.) Debt ratio Equity ratio % % < Required 2 Required 4 > Required 1 Required 2 Required 3 Required 4 What percent of its assets are current? What percent are long term? (Round your answers t Current assets Long-term assets % % < Required 3 Required 4