Question: Serial Problem -13 Sad Help Save & EX Chec 1 Use the following selected data from Business Solutions's income statement for the three months ended
Serial Problem -13 Sad Help Save & EX Chec 1 Use the following selected data from Business Solutions's income statement for the three months ended March 31, 2020, and from its March 31, 2020, balance sheet to complete the requirements. 100 pois book Computer services revenue Het sales (of goods) Total sales and revenue Cost of goods sold Net income Quick assets Current assets Total assets Current abilities Total liabilities Total equity $28,696 20,40 49,136 15,208 18,069 59,616 95.144 121,000 990 290 120,010 Pre References 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. Reg! Reg 2 Reg Reg 4 Compute the gross margin ratio (both with and without services revenue) and net profit margin ratio. (Round your percentage answers to 1 decimal place.) With Service Revenue Without Service Revenue Gross margin ratio Net profit margintato Reg 2 >
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