Solve for (A) current ratio, (8) acid test (quick). (C) average day's collection, (D) asset turnover,...

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Solve for (A) current ratio, (8) acid test (quick). (C) average day's collection, (D) asset turnover, and (E) profit margin on sales. Round to nearest hundredth or hundredth percent as needed. Current Assets Accounts Receivable Current Liabilities Inventory Net Sales Total Assets Net Income. A Current ratio B. Acid test (quick) C. Average day's collection D. Asset turnover E Profit margin on sales $24,000 $ 4,300 $17,000 $ 3,900 $44,000 $33,000 $ 7,000 days % Solve for (A) current ratio, (8) acid test (quick). (C) average day's collection, (D) asset turnover, and (E) profit margin on sales. Round to nearest hundredth or hundredth percent as needed. Current Assets Accounts Receivable Current Liabilities Inventory Net Sales Total Assets Net Income. A Current ratio B. Acid test (quick) C. Average day's collection D. Asset turnover E Profit margin on sales $24,000 $ 4,300 $17,000 $ 3,900 $44,000 $33,000 $ 7,000 days %

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