Cash current year $15,000, preceding year $20,000,
Short term investments current year $11,000 preceding year $27,000,
net receivables current year $54,000 preceding year $73,000,
Inventory current year $77,000, preceding year $69,000,
Prepaid expenses current year $15,000, preceding year $9,000:
total current assets: $172,000, preceding year $198,000,
total current liabilities $133,000, preceding year $93,000.
Compute the following ratios for the current year:
a. current ratio,
b. Acid -test ratio,
c. Inventory turnover,
d. Days in inventory,
e. Day's sales in receivables
f. Gross profit percentage