solve for (a) current ratio, (b) acid test, (c) average day's collection (360), (d) asset turnover, and (e) profit margin on sales. (round to nearest hundredth or hundredth percent as needed.) current assets $ 26,000 accounts receivable $ 4,100 current liabilities $ 16,500 inventory $ 4,100 net sales $ 52,000 total assets $ 38,000 net income $ 8,000
