E12.8 Selected financial statement data for Grayson Ltd are presented below. End of year Beginning of yen- (Sm) ($111} Cash and cash equivalents $ 53 S 91 Receivables (net) 378 27] Inventory 628 586 Prepaid expenses 61 52 Total current assets $1 100 $1000 Total current liabilities $ 690 s 627 For the year, net sales were $3894 million, cost of sales was $2600 million, and cash from operations was $215 million. Required: Calculate the current ratio, quick ratio, current cash debt coverage, receivables turnover, average collection period, inventory turnover, and average days in inventory