Required information Problem 16-15 (Static) Comprehensive Ratio Analysis [LO16-2, LO16-3, L016-4, LO16-5, LO16-6] [The following information applies to the questions displayed below.] Lydex Company's financial statements for the last two years are as follows: The following financial data and ratios are typical of companies in Lydex Company's industry: Problem 16-15 Part 3 (Static) 3. To assess the company's liquidity and asset management, compute the following for this year and last year: a. Working capital. b. The current ratio. Note: Round your final answers to 2 decimal places. c. The acid-test ratio. Note: Round your final answers to 2 decimal places. d. The average collection period. (The accounts receivable at the beginning of last year totaled $1,560,000.) Note: Use 365 days in a year. Round your intermediate calculations and final answers to 1 decimal place. e. The average sale period. (The inventory at the beginning of last year totaled $1,920,000.) Note: Use 365 days in a year. Round your intermediate calculations and final answers to 1 decimal place. f. The operating cycle. Note: Round your intermediate calculations and final answers to 1 decimal place. g. The total asset turnover. (The total assets at the beginning of last year totaled $12,960,000.)