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Answer the Following Gross Profit Operating Income Net income Current assets Total Fixed assets Total Assets Current Liabilities Long - term Liabilities Total Liabilities Total

Answer the Following
Gross Profit
Operating Income
Net income
Current assets
Total Fixed assets
Total Assets
Current Liabilities
Long-term Liabilities
Total Liabilities
Total Stockholders' Equity
If in 2021, ABC's current ratio was 2.50, then the current ratio in 2022 is better than it was in 2021. T/F
If in 2021, ABC's quick ratio was 1.00; then the quick ratio in 2022 is better than it was in 2021. T/F
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