Use the following selected data from Business Solutions's income statement for the three months ended March 31, 2018, and from its March 31, 2018, balance sheet to complete the requirements below: computer services revenue, $25,307; net sales (of goods), $18,693; total sales and revenue, $44,000; cost of goods sold, $14,052; net income, $18,833; quick assets, $90,924; current assets, $95,568; total assets, $120,268; current liabilities, $875; total liabilities $875; and total equity, $119,393. 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. Req 1 Req 2 Req 3 Compute the gross margin ratio (both with and without services revenue) and net profit margin ratio. (Round your percenta answers to 1 decimal place.) With Service Revenue Without Service Revenue Gross margin ratio ratio Next > Use the following selected data from Business Solutions's income statement for the three months ended March 31, 2018, and from its March 31, 2018, balance sheet to complete the requirements below. computer services revenue $25,307; net sales (of goods), $18,693; total sales and revenue, $44,000; cost of goods sold, $14,052; net income, $18,833; quick assets, $90,924; current assets, $95,568; total assets, $120,268; current liabilities, $875: total liabilities $875; and total equity, $119,393. 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. Req 1 Req 2 Req 3 Req 4 Compute the current ratio and acid-test ratio. (Round y Acid-test ratio Req1 Req 3 10,3 :" Next > Use the following selected data from Business Solutions's income statement for the three months ended March 31, 2018, $25,307; net sales (of goods), $18,693; total sales and revenue, $44,000; cost of goods sold, $14,052; net income, $18,833; quick assets, $90,924: current assets, $95,568; total assets, $120,268; current liabilities, $875; total liabilities $875; and total equity, $119,393. and from its March 31, 2018, balance sheet to complete the requirements below: computer services revenue, 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. Req 1 Req 2 Req 3 Req 4 Compute the debt ratio and equity ratio. (Round your percentage answers to 1 decimal place.) Debt ratico Equity ratio Req 4 > K Req 2 1013 Next > Use the following selected data from Business Solutions's income statement for the three months ended March 31, 2018, and from its March 31, 2018, balance sheet to complete the requirements below: computer services revenue $25,307; net sales (of goods). $18,693; total sales and revenue, $44,000; cost of goods sold, $14,052; net income $18,833; quick assets, $90,924; current assets, $95,568; total assets, $120,268; current liabilities, $875; total liabilities, $875; and total equity, $119,393. Required: 1. Compute the gross margin ratio (both with and without services revenue) and net profit margin rato. 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. Req 1 Req 2 Req 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