Exercise $4-26($Algo$)$ Evaluating efticiency of asset management $[$LO$4-10]$

The $2024$ income statement of Anderson Medical Supply Company reported net sales of $$9$ million, cost of goods sold of $$4\mathrm{.}9$ million, and net income of $$805,000.$ The following table shows the company's comparative balance sheets for $2024$ and $2023$ :

$\backslash$table$[[,($$ in thousands$)],[,2024,2023],[$Assets$],[$Cash$,$$$320,$$$400$