answer in complete sentences

sheet. 1. Please complete only the white spaces (Not the Highlighted spaces). (20 Points) + Rachel's Restaurant Balance Sheet December 31, 2018-19 $ 2018 2019 Variance % Variance Assets Current Assets Cash Marketable Securities Account Receivables Inventories Total Current Assets 63,049 104,615 64,000 48,363 280,027 57,317 130,769 80,000 34,545 302,631 323,488 248,837 Investments Property and Equipment Land Building Furnishings and Equipment 206,053 418,665 267,223 206,053 418,665 205,556 Less Accumulated Depreciation Net Property and Equipment Other Assets 142,710 749,231 12,651 135,429 694,845 15,814 Total Assets 1,365,397 1,262,127 Liabilities and Owners' Equity Current Liabilities Accounts Payable Notes Payable Other Current Liabilities Total Current Liabilities 253,354 38,286 192,279 142,439 31,905 147,907 322,251 483,919 2. Answer the following questions based on the above worksheet. (5 points) a. Rachel's regional manager told her to try to decrease her accounts receivable this year. Did she do this? Explain. b. Rachel's regional manager told her to pay more of her accounts payable this year. Did she do this? Explain. I c. Rachel's regional manager told her to pay off more of her total current liabilities this year. Did she do this? Explain. d. Based on her ability to achieve the goals outlined from a to c, do you think Rachel did a good job overall? Why