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5. [Casb Burn and Build] Following are two years of income statements and balance sheets for the Munich Exports Corporation. A. Use year-end data to
5. [Casb Burn and Build] Following are two years of income statements and balance sheets for the Munich Exports Corporation. A. Use year-end data to calculate the current ratio, the quick ratio, and the NWC-to-totalassets ratio for 2018 and 2019 for Castillo Products. What changes occurred? B. Use Castillo Products' complete income statement data and the changes in balance sheet items between 2018 and 2019 to determine the firm's cash build and cash burn for 2019. Did Castillo Products have a net cash build or a net cash burn for 2019? C. Convert the annual cash build and cash burn amounts calculated in Part B to monthly cash build and cash burn rates. Also indicate the amount of the net monthly cash build or cash burn rate. 5. [Casb Burn and Build] Following are two years of income statements and balance sheets for the Munich Exports Corporation. A. Use year-end data to calculate the current ratio, the quick ratio, and the NWC-to-totalassets ratio for 2018 and 2019 for Castillo Products. What changes occurred? B. Use Castillo Products' complete income statement data and the changes in balance sheet items between 2018 and 2019 to determine the firm's cash build and cash burn for 2019. Did Castillo Products have a net cash build or a net cash burn for 2019? C. Convert the annual cash build and cash burn amounts calculated in Part B to monthly cash build and cash burn rates. Also indicate the amount of the net monthly cash build or cash burn rate
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