> .. Chapter 5 Liquidity Ratio 1) The liberty corporation reported the following figures in the year of 2017-2018 2018 OR 2017 OR Cash 2450 2094 Accounts receivable 1813 1611 Merchandise inventory 1324 1060 Prepaid expenses 1709 2120 Total current assets 7296 6885 other assets 18500 15737 Total assets 25796 22622 Total current liabilities 7230 8467 long term liabilities 4798 3792 common stock 6568 4363 Retained earnings 7200 6000 Total liability and equity 25796 22622 Sales 20941 Cost of goods sold 7055 Gross profit 13886 Operating expenses 7065 operating income 6821 interest income 210 income tax 2563 Net income 4468 Calculate liquidity ratio as follows. a) Current ratio b) Quick ratio c) Days sales outstanding d) Cash to current asset ratio e) Cash to current liabilities ratio f) Receivable days g) Working capital