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

	Current Year	Preceding Year
Balance Sheet
Cash	$20,000	$26,000
Short-term Investments	18,000	26,690
Accounts Receivable	30,000	56,000
Merchandise Inventory	40,000	34,000
Prepaid Expenses	13,000	10,000
Total Current Assets	170,000	202,000
Total Current Liabilities	127,000	94,000
Income Statement
Net Credit Sales	478,000
Cost of Goods Sold	367,000

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
`/` =