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Additional Brief Exercise 221 a-c Corsi Corporation had the following comparative current assets and current liabilities: Dec 31, 2017 Dec 31, 2016 Current assets Cash Debt investments Accounts receivable Inventory Prepaid expenses Total current assets Current liabilities Accounts payable Salaries and wages payable Income tax payable Total current liabilities $25,000 40,000 60,000 110,000 35,000 $270,000 $30,000 10,000 90,000 90,000 25,000 $245,000 $120,000 40,000 10,000 $170,000 $110,000 30,000 15,000 $155,000 During 2017, net credit sales and cost of goods sold were $570,000 and $350,000, respectively. Net cash provided by operating activities for 2017 was $140,000. Compute current ratio for 2017. (Round answer to 2 decimal places, e.g. 2.25.) Current ratio Compute accounts receivable turnover for 2017. (Round answer to I decimal place, e.g. 5.2.) Accounts receivable turnover times tudy Compute inventory turnover for 2017. (Round answer to 1 decimal place, e.g. 5.2.) Inventory turnover times Click if you would like to show Work for this questions Open Show Work e here to search o e