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2010 20.440 16559 2017 21.017 2017 400 Net als Cost of good 15.833 595 1.892 3292 2.00 EBIT Interest 90 14 391 7,081 Net Income

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2010 20.440 16559 2017 21.017 2017 400 Net als Cost of good 15.833 595 1.892 3292 2.00 EBIT Interest 90 14 391 7,081 Net Income Assets 2016 Cash and securities 438 Accounts receivable 657 Inventores Total current 1.679 Netwed assets Total assets 7.300 Liabilities and Owners' Equity Accounts payable 803 Short-term notes 146 Total current 949 Long-term debe 750 Common stock 1,904 Retained earning 3,697 Total liabilities and 7,300 owners' equity 717 138 ass 696 1,697 3,823 7.081 Given the financial statements for SW Inc. above, comment on the change in cash ratio over the past two years? Their cash ratio has increased indicating a higher level of liquidity Their cash ratio is unchanged indicating a lower level of liquidity Their cash ratio is unchanged indicating a higher level of liquidity Their cash ratio has declined indicating a lower level of liquidity Their cash ratio has increased indicating a lower level of liquidity

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