Sales 335,234 Year 1 ($ thousands) Year 2 ($ thousands) 472,785 Cost of goods sold 261,241 353,444 Net income (167,094) (404,709) Cash flow from operations (60,379) (22,727) Cash 342,380 270,372 Marketable securities 343,250 38,100 Accounts receivable Inventories Total current assets Accounts payable Accrued liabilities Total current liabilities es 22,463 36,798 6,629 73,306 714,722 418,576 30,108 23,958 45,798 126,051 75,906 150,009 a. Calculate the current and quick ratio at the end of each year. Note: Round your answers to 1 decimal place. b. Assuming a 365-day year for all calculations, compute the following: 1. The collection period each year based on sales. 2. The inventory turnover and the payables period each year based on cost of goods sold. 3. The days' sales in cash each year. 4. The gross margin and profit margin each year. Note: Round your answers to 1 decimal place. Negative answers should be indicated by parentheses.