The Following Information Relates to the Becca Corporation Required:
A

The following information relates to The Becca Corporation.
$\begin{array}{|l|l|lr|}\hline \text { Account } & \text { Current year } & \text { Prior year } \\\hline \text { Net sales (all credit) } & \$ 445,400 & \$ & 362,000 \\\hline \text { Cost of goods sold } & \$ 216,000 & \$ & 185,000 \\\hline \text { Gross profit } & \$ 229,400 & \$ & 177,000 \\\hline \text { Income from operations } & \$ 72,000 & \$ & 80,000 \\\hline \text { Interest expense } & \$ 8,000 & \$ & 14,000 \\\hline \text { Net income } & \$ 40,000 & \$ & 35,000 \\\hline \text { Cash } & \$ 32,000 & \$ & 28,000 \\\hline \text { Accounts receivable, net } & \$ 40,000 & \$ & 62,000 \\\hline \text { Inventory } & \$ 104,000 & \$ & 88,000 \\\hline \text { Prepaid expenses } & \$ 4,000 & \$ & 2,000 \\\hline \text { Total current assets } & \$ 180,000 & \$ & 180,000 \\\hline \text { Total long-term assets } & \$ 200,000 & \$ & 230,000 \\\hline \text { Total current liabilities } & \$ 120,000 & \$ & 165,000 \\\hline \text { Total long-term liabilities } & \$ 44,000 & \$ & 95,000 \\\hline \text { Common stock, no par, } & & & \\8,000 \text { shares, value } \$ 120 / \text { share } & \$ 80,000 & \$ & 80,000 \\\hline\end{array}$
Required:
a.What is the acid-test ratio for the current year?
b.What is the inventory turnover for the current year?
c.What is days' sales in receivables for the current year?
d.What is the current ratio for the current year?