Computer services revenue $25,307 Net income $18,833 Current liabilities $ 875
Net sales (of goods) 18,693 Quick asset 90,924 total liabilities 875
Total sales and revenue 44,000 Current assets 95,568 total equity 119,393
Cost of goods sold 14,052 total assets 120,268
1. Compute the gross margin ratio (both with and without services revenue) and net profit margin ratio (round the percent to one decimal).
2 Compute the current and acid-test ratios (round to one decimal).
3. Compute the debt and equity ratios (round the percent to one decimal).
4. What percent of its assets are current? What percent are long-term? Round percent to one decimal.
