Data Table st whole Requirements 2018 2017 2016 Balance sheet: Cash ...................$ Short-term investments Net receivables Inventory Prepaid expenses Total current assets Accounts payable Total current liabilities 24,000 $ 10,000 58,000 91,000 11,000 30,000 24,000 71,000 79,000 5,000 1. Calculate the following ratios for 2018 and 2017. When calculating days, round your answer to the nearest whole number. a. Current ratio b. Quick (acid-test) ratio c. Inventory turnover and days' inventory outstanding (DIO) d. Accounts receivable turnover e. Days' sales in average receivables or days' sales outstanding (DSO) f. Accounts payable turnover and days' payable outstanding (DPO). Use cost of goods sold in the formula for accounts payable turnover. g. Cash conversion cycle (in days) (When calculating days, round your answer to the nearest whole number.) 2. Evaluate the company's liquidity and current debt-paying ability for 2018. Has it improved or deteriorated from 2017? 3. As a manager of this company, what would you try to improve next year? 20,000 57,000 194,000 75,000 135,000 209,000 55,000 89,000 40,000 Income statement: ... $ Net credit sales Cost of goods sold 498,000 $ 270,000 504,000 282,000 Print Done Print Done 5. X.X.)