Your younger sister, Barbara, will start college in five years. She has just informed your parents that she wants to go to Eastern University, which will cost $37,000 per year for four years (assumed to come at the end of each year). Anticipating Barbara's ambitions, your parents started Investing $5,700 per year five years ago and will continue to do so for five more years. Use 12 percent as the appropriate interest rate throughout this problem (for discounting or compounding). How much more will your parents have to invest each year for the next five years to have the necessary funds for Barbara's education? (Use a Financial calculator to arrive at the answer. Do not round Intermediate calculations. Round the final answer to the nearest whole dollar.) Investment each year The balance sheet for Bryan Corporation is given below. Sales for the year were $3,190,000, with 75 percent of sales sold on credit. BRYAN CORPORATION Balance Sheet Dec. 31, 20XX Assets Liabilities and Equity Cash $60,000 Accounts payable $295,000 Accounts receivable 390,000 Accrued taxes 50,000 Inventory 425,000 Bonds payable (long term) 300,000 Plant and equipment 485,000 Common stock Retained earnings 430,000 285,000 Total assets $1,360,000 Total liabilities and equity $1,360,000 Compute the following ratios: (Use 365 days in a year. Do not round Intermediate calculation. Round the final answers to 2 decimal places.) a. b. Quick ratio C. d. Current ratio Debt-to-total-assets ratio. Asset turnover e. Average collection period x X % x days