22. You decided the company was not in danger, so you did not follow through with your actions. One year later, you decided to complete liquidity ratios to calculate your ability to pay bills. Using the year-end balance sheets for Associated Industries below, calculate the 2017 and 23. Discuss the trends in Associated Industries' bill paying ability between the three years. Answer: 24. What is your evaluation of the ability for Associated Industries to pay their bills in 2018? Answer: 25. Discuss your opinion of the importance of monitoring the financial data more frequently than once a year and being willing to take action when a trend is discovered