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E6-17. Liquidity Analyses. [Learning Objective Bj Use the following excerpt of Dragonfly Corporation's asset balances to compute Dragonfly's working capital and current ratio for 2023

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E6-17. Liquidity Analyses. [Learning Objective Bj Use the following excerpt of Dragonfly Corporation's asset balances to compute Dragonfly's working capital and current ratio for 2023 and 2022. Comment on Dragonfly's liquidity and changes in liquidity from 2022 to 2023. Dragonfly's current liabilities are $89,754 million and $82,271 million in 2023 and 2022, respectively Assets (dollars in millions) 2023 2022 Cu nt assets Cash and cash equivalents Marketable securities Accounts receivable trade net Inventories Prepaid expenses and other receivables Total current assets Property, plant, and equipment net Other assets Total assets $ 13,420 7,623 22,120 47415 1,312 91,890 67045 3,773 $162.708 $ 19,355 2.394 20,872 45,630 1.264 89,515 65.762 3.770 $159,047

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