3. Using the financial statements for company, compute the following ratios for 2022.
	Working Capital	$
	Current Ratio	%
	Quick (Acid Test) Ratio	%
	Inventory Turnover Ratio	%
	Asset Turnover Ratio	%
	Debt to Equity Ratio	%

					Dec 31, 22		Dec 31, 21		$ Change		% Change
	Current Assets
		Checking/Savings
			Cash		21,300.00		14,000.00		7,300.00		52.14%
		Total Checking/Savings			21,300.00		14,000.00		7,300.00		52.14%
		Accounts Receivable
			Accounts Receivable		26,000.00		23,000.00		3,000.00		13.04%
		Total Accounts Receivable			26,000.00		23,000.00		3,000.00		13.04%
		Other Current Assets
			Merchandise Inventory		11,000.00		12,000.00		-1,000.00		-8.33%
		Total Other Current Assets			11,000.00		12,000.00		-1,000.00		-8.33%
	Total Current Assets				58,300.00		49,000.00		9,300.00		18.98%
	Fixed Assets
		Delivery Van
			Delivery Van - Cost		26,000.00		26,000.00		0.00		0.0%
			Accumulated Depreciation		-6,000.00		-5,000.00		-1,000.00		-20.0%
		Total Delivery Van			20,000.00		21,000.00		-1,000.00		-4.76%
	Total Fixed Assets				20,000.00		21,000.00		-1,000.00		-4.76%
	Other Assets
		Trademarks
			Trademarks - Cost		50,000.00		50,000.00		0.00		0.0%
			Accumulated Amortization		-7,000.00		-6,000.00		-1,000.00		-16.67%
		Total Trademarks			43,000.00		44,000.00		-1,000.00		-2.27%
	Total Other Assets				43,000.00		44,000.00		-1,000.00		-2.27%
TOTAL ASSETS					121,300.00		114,000.00		7,300.00		6.4%
	Liabilities
		Current Liabilities
			Accounts Payable
				Accounts Payable	37,900.00		4,700.00		33,200.00		706.38%
			Total Accounts Payable		37,900.00		4,700.00		33,200.00		706.38%
			Other Current Liabilities
				Wages Payable	3,500.00		2,000.00		1,500.00		75.0%
			Total Other Current Liabilities		3,500.00		2,000.00		1,500.00		75.0%
		Total Current Liabilities			41,400.00		6,700.00		34,700.00		517.91%
		Long Term Liabilities
			Note Payable		19,000.00		10,000.00		9,000.00		90.0%
		Total Long Term Liabilities			19,000.00		10,000.00		9,000.00		90.0%
	Total Liabilities				60,400.00		16,700.00		43,700.00		261.68%
	Equity
		Retained Earnings			8,000.00		4,600.00		3,400.00		73.91%
		Terrance T Rex, Capital			42,875.00		89,300.00		-46,425.00		-51.99%
		Net Income			10,025.00		3,400.00		6,625.00		194.85%
	Total Equity				60,900.00		97,300.00		-36,400.00		-37.41%
TOTAL LIABILITIES & EQUITY					121,300.00		114,000.00		7,300.00		6.4%