E17-18 please show your work

E17-18 (similar to) Quesion Help The financial staterments of Vanna's Natural Foods include the following items: (Click the icon to view the financial statements.) Compute the following ratios for the current year i (Click the icon to view the ratios.) a. Compute the current ratio for the current year. (Abbreviations used: STI Xxx.) Short-term investments. Round your answer to two decimal places Current ratio - X More Info Days' sales in inventory Current ratio a. e. b. Cash ratio f. Days' sales in receivables g Gross profit percentage c. Acid-test ratio d. Inventory turnover Print Done Choose from any list or enter any number in the input fields and then click Check Answer. parts remaining Check Answer Clear All Financial Statements X Preceding Year Current Year Balance Sheet: Cash 16,000 $ 26,000 Short-term Investments 19.000 27,000 Net Accounts Receivables 42,000 88,000 Merchandise Inventory 78,000 64,000 15,000 6,000 Prepaid Expenses Total Current Assets 170,000 211.000 135,000 84,000 Total Current Liabilities Income Statement: 480,000 Net Credit Sales 311,000 Cost of Goods Sold Print Done