Question: please do all. Use the following selected data from Business Solutions's income statement for the three months ended March 31, 2022, and from its March




Use the following selected data from Business Solutions's income statement for the three months ended March 31, 2022, and from its March 31, 2022, balance sheet to complete the requirements. $ 25,307 18,693 Computer services revenue Net sales (of goods) Total sales and revenue Cost of goods sold 44,000 14,052 Net Income 18,833 Quick assets 90,924 Current assets 95,568 Total assets 120,268 Current liabilities 875 Total liabilities 875 Total equity 119,393 Required: 1. Compute the gross margin ratio (both with and without services revenue) and net profit margin ratio. 2. Compute the current ratio and acid-test ratio. 3. Compute the debt ratio and equity ratio. 4. What percent of its assets are current? What percent are long term? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the gross margin ratio (both with and without services revenue) and net profit answers to 1 decimal place.) With Service Without Service Revenue Revenue Gross margin ratio % Net profit margin ratio
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