The balance sheet for Revolution Clothiers is shown below. Sales for the year were $3,500,000, with...

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The balance sheet for Revolution Clothiers is shown below. Sales for the year were $3,500,000, with 75 percent of sales sold on credit. Check m Cash Accounts receivable REVOLUTION CLOTHIERS Balance Sheet 20X1 Accounts payable Accrued taxes Bonds payable (long-term) Common stock Assets $ 84,000 378,000 245,000 433,000 Inventory Plant and equipment Total assets Paid-in capital Retained earnings Liabilities and Equity $ 227,000 83,000 217,000 100,000 150,000 363,000 $ 1,140,000 $ 1,140,000 Total liabilities and equity Compute the following ratios: Note: Use a 360-day year. Do not round intermediate calculations. Round your answers to 2 decimal places. Input your debt-to- total assets answer as a percent rounded to 2 decimal places. a. Current ratio times b. Quick ratio times c. Debt-to-total-assets ratio % d. Asset turnover times e. Average collection period days < Prev H 1 The balance sheet for Revolution Clothiers is shown below. Sales for the year were $3,500,000, with 75 percent of sales sold on credit. Check m Cash Accounts receivable REVOLUTION CLOTHIERS Balance Sheet 20X1 Accounts payable Accrued taxes Bonds payable (long-term) Common stock Assets $ 84,000 378,000 245,000 433,000 Inventory Plant and equipment Total assets Paid-in capital Retained earnings Liabilities and Equity $ 227,000 83,000 217,000 100,000 150,000 363,000 $ 1,140,000 $ 1,140,000 Total liabilities and equity Compute the following ratios: Note: Use a 360-day year. Do not round intermediate calculations. Round your answers to 2 decimal places. Input your debt-to- total assets answer as a percent rounded to 2 decimal places. a. Current ratio times b. Quick ratio times c. Debt-to-total-assets ratio % d. Asset turnover times e. Average collection period days < Prev H 1