The following information has been extracted from the financial statements and the notes of Champigon Ltd.

Required

(a) Calculate the following for 2023 to one decimal place:
i. current ratio ii. quick ratio iii. receivables turnover ratio iv. average collection period of accounts receivable v. inventory turnover ratio vi. average period for inventory turnover.

(b) Analyse Champigon’s liquidity.

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2025 2024 Cash assets Marketable securities $ 33 100 $ 35 900 107 000 100 300 Receivables 72 500 73 900 Inventories 182 000 166 800 Prepaid expenses 4 200 6 300 Property, plant and equipment 300 000 258 700 Current liabilities 178 200 160 500 Revenue (sales on credit) 950 600 902 900 Cost of sales 570 700 532 800