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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

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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 soles (of goods) Total sales and revenue Cost of goods sold Net income Quick assets Current assets Total assets Current liabilities Total liabilities Total equity $ 25,406 20,460 45,866 14,034 20,472 89,400 97,064 122,258 725 225 121,563 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 Complete this question by entering your answers in the tabs below. Reg 2 Reg RG 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? Complete this question by entering your answers in the tabs below. Reg 1 Req2 Reg 3 Reg4 Compute the gross margin ratio (both with and without services revenue) and net profit margin ratio. (Round your percentage answers to 1 decimal place.) With Service Without Service Revenue Revenue Gross margin ratio % % Net profit margin ratio Req2 > 1 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? Complete this question by entering your answers in the tabs below. Reg: Reg 2 Reg 3 Reg4 Compute the current ratio and add test ratio. (Round your answers to 1 decimal place.) Current ratio Add-test ratio 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? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 pog 3 Reg4 Compute the debt ratio and equity ratio. (Round your percentage answers to 1 decimal place.) Debt ratio Equity ratio ( Req2 Reg 4 > 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? Complete this question by entering your answers in the tabs below. Reg1 Reg 2 Reg 3 Reg 4 What percent of its assets are current? what percent are long term? (Round your answers to the nearest whole percentage Current assets % Long-term assets %

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