Following are the current asset and current IIability sections of the balance sheets for Freedom Incorporated at January $31,2023$ and

$2022($in millions$)$:

Required:

a$.$ Calculate the working capital and current ratio at each balance sheet date.

b$.$ Evaluate the firm's liquidity at each balance sheet date.

c$.$ Assume that the firm operated at a loss during the year ended January $31,2023.$ How could cash have increased during the year?

Complete this question by entering your answers in the tabs below.

b$.$Evaluate the firm's liquidity at each balance sheet date.

c$.$ Assume that the firm operated at a loss during the year ended January $31,2023.$ How could cash have increased during the year?