SP 13 Serial Problem Business Solutions (Algo) LO P3 Use the following selected data from Business Solutions's income statement for the three months ended March 31, 2022, an March 31, 2022, balance sheet to complete the requirements. Computer services revenue Net sales (of goods) Total sales and revenue Cost of goods sold Net income Quick assets Current assets Total assets Current liabilities Total liabilities Total equity Required: $ 25,315 18,696 44,011 14,248 20,496 89,720 97,464 121,952 800 800 121,152 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 margin ratio. (Round your percentage answers to 1 decimal place.) With Service Without Service Revenue Revenue Gross margin ratio % % Net profit margin ratio % < Required 1 Required 2 >