7. Compute the current ratio for the current year Begin by selecting the formula labels, then enter the amounts and compute the current ratio for the current your (Round your answer to two decimal places, XXX) Currento Data Table More Info Current Year Preceding Year 7. Current ratio 8. Acidosta 9. Inventory tumover 10. Cross profit percentage 8.000 5 5,200 20.800 31,600 7.000 72.000 10.000 11,700 23,500 26.100 Print Balance Sheet Cash Short term Investments Net Accounts Receivable Merchandise Inventory Prepad Expenses Total Current Assets Total Current Limbabes Income Statement Net Sales Revenue Cost of Goods Sold Done 50 100 75.100 30.400 187,500 120 000 Choose from any drop-down list and then click Check