The financial statements of Rebecca's Natural Foods include the following items:

	Current Year	Preceding Year
Balance Sheet
Cash	$20,000	$23,000
Short-term Investments	19,000	24,933
Accounts Receivable	60,000	57,000
Merchandise Inventory	40,000	37,000
Prepaid Expenses	14,000	30,000
Total Current Assets	160,000	202,000
Total Current Liabilities	126,000	92,000
Income Statement
Net Credit Sales	477,000
Cost of Goods Sold	369,000

Compute the following ratios for the current year:

a) Working Capital

Total Current Assets `-` Total Current Liabilities
`-` =

b) Current Ratio

Total current assets `/` Total Current Liabilities
`/` =

c) Acid-test Ratio

Cash + Short Term Investment + Net Acct. Receivables `/` Total Current Liabilities
`/` =

d) Inventory Turnover

Cost of goods sold `/` Average merchandise inventory
`/` =

e) Days sales in inventory

365 days `/` Inventory turnover
`/` =

f) Accounts Receivable turnover ratio

Net credit sales `/` Average net accounts receivables
`/` =

g) Days sales in receivables

365 days `/` Accounts receivable turnover ratio
`/` =

h) Gross Profit Percentage

Gross profit `/` Net sales revenue
`/` =