You will need to use both the Adjusted Trial Balance information and/or the Multi-Step Income Statement to complete the assignment. Also, you will need the following additional information. Accounts Receivable was $35,000 on December 31, 2015 (prior year) and Merchandise Inventory was $32,000 on December 31, 2015 (prior year). The Notes Payable balance is due and payable in 2021. Compute the following ratios. Be sure to provide the numerator and denominator you used to compute the ratio. Other descriptions of the numerator and denominator may be helpful...e.g. which accounts you added together for Current Assets. All ratios are as of December 31, 2016: Current Ratio Profit Margin Gross Margin Ratio Days' Sales in Inventory Days' Sales Uncollected You will need to use both the Adjusted Trial Balance information and/or the Multi-Step Income Statement to complete the assignment. Also, you will need the following additional information. Accounts Receivable was $35,000 on December 31, 2015 (prior year) and Merchandise Inventory was $32,000 on December 31, 2015 (prior year). The Notes Payable balance is due and payable in 2021. Compute the following ratios. Be sure to provide the numerator and denominator you used to compute the ratio. Other descriptions of the numerator and denominator may be helpful...e.g. which accounts you added together for Current Assets. All ratios are as of December 31, 2016: Current Ratio Profit Margin Gross Margin Ratio Days' Sales in Inventory Days' Sales Uncollected