Instructions: Compute the following ratios below for Year 2018 (round to two places) A. Calculate Garfield's Companies' Current Ratio for year 2018 Current ratio = total current assets / total current liabilities $ | $ = B. Calculate Garfield's Companies' Inventory Turnover for year 2018 inventory turnover = cost of goods sold / average merchandise inventory $ | $ C. Compute the Garfields's Companies' Days' sales in inventory for year 2018 days' sales in inventory = 365 days / inventory turnover days D. Compute Garfield's Companies' Gross Profit Percentage for year 2018 gross profit percentage = gross profit / net sales revenue $ $ 0% E. Compute Garfield's Companies' Accounts Receivable Turnover Ratio for year 2018 accounts receivable turnover ratio = net sales revenue / average accounts receivables $ $ Instructions: Compute the following ratios below for Year 2018 (round to two places) A. Calculate Garfield's Companies' Current Ratio for year 2018 Current ratio = total current assets / total current liabilities $ | $ = B. Calculate Garfield's Companies' Inventory Turnover for year 2018 inventory turnover = cost of goods sold / average merchandise inventory $ | $ C. Compute the Garfields's Companies' Days' sales in inventory for year 2018 days' sales in inventory = 365 days / inventory turnover days D. Compute Garfield's Companies' Gross Profit Percentage for year 2018 gross profit percentage = gross profit / net sales revenue $ $ 0% E. Compute Garfield's Companies' Accounts Receivable Turnover Ratio for year 2018 accounts receivable turnover ratio = net sales revenue / average accounts receivables $ $