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22 (5 points) Presented below are liquidity and solvency ratios for Carmella Industries, along with industry averagos Ratio Current ratio. Debt to total assets. Inventory

22 (5 points) Presented below are liquidity and solvency ratios for Carmella Industries, along with industry averagos Ratio Current ratio. Debt to total assets. Inventory turnover Receivables turnover... Times interest earned. Instructions 2022 2021 Industry Average 0.8:1 1.1:1 1.4.1 65% 58% 51% 9.0 13.0 15.2 6.8 8.7 11.2 3.1 4.3 8.5 Analyze the company's liquidity and solvency using the information presented. Present a conclusion on the liquidity and solvency, supported by your analysis Format BIUimage text in transcribed

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