Using the information provided, calculate the ratios that would be relevant in determining whether or not Patio Furniture Inc. can pay both its current and long-term debt. Comment on whether the company's position has improved during 2020

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2020 2019 Cash...... Short-term investments, Net receivables $ 61,000 $ 47,000 28,000 142,000 116,000 Inventory.. 286,000 263.000 Prepaid expenses.. 11,000 9,000 Total assets. 643,000 489,000 Total current liabilities. 255.000 221,000 Long-term debt 46,000 52,000 Income from operations. 165.000 158,000 Interest expense.. 40,000 39,000