The accounting records for ADR, Inc., reflected the following amounts at the end of August, 2010:

Calculate the gross profit percentage and current ratio for 2010.

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Cash........ $3,200 Cost of Goods Sold $19,500 Total Operating Expense 3,700 Equipment, Net. 6,100 Accounts Payable.. 4,500 Accrued Liabilities. 1,900 Total Stockholders' Equity 5,200 Net Sales Revenue. 28,000 Long-Term Notes Payable... 2,300 Accounts Receivable. 3,200 Inventory....... 1,700 Prepaid Rent. 800 Wages Payable. 1,100