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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 $ 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 Total equity 119,393 Required: 1. Compute the gross margin ratio (both with and without services revenue) and net prot 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 gross margin ratio (both with and without services revenue) and net prot margin ratio. (Round your percentage answers to 1 decimal place.) _I_ Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Compute the debt ratio and equity ratio. (Round your percentage answers to 1 decimal place.) _-I 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 nearest whole percentage.) Current assets % Long-term assets % Req 3 Req 4 >