Use the following selected data from Business Solutions's Income statement for the three months ended March 31, 2020, and from its March 31, 2020, 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 $ 27,828 18,678 46,506 13,952 19,344 89.612 Current assets 96,224 Total assets 120,160 Current liabilities 755 Total liabilities Total equity 755 119,405 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? What percent are long term? Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req 3 Req 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.) Without Service With Service Revenue Gross margin ratio: % Net profit margin ratio % Revenue Req 2 > F bok 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? Complete this question by entering your answers in the tabs below. ences Req 1 Req 2 Req 3 Req 4 Compute the current ratio and acid-test ratio. (Round your answers to 1 decimal place.) Current ratio Acid-test ratio eBook C Complete this question by entering your answers in the tabs below. References Req 1 Req 2 Req 3 Req 4 Compute the debt ratio and equity ratio. (Round your percentage answers to 1 decimal place.) Debt ratio Equity ratio % Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req 3 Req 4 What percent of its assets are current? What percent are long term? (Round your answers to the ne Current assets % Long-term assets %