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	$ 29,837
Net sales (of goods)	21,153
Total sales and revenue	50,990
Cost of goods sold	15,588
Net income	18,969
Quick assets	88,596
Current assets	96,352
Total assets	120,824
Current liabilities	1,045
Total liabilities	1,045
Total equity	119,779

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?