For the vertical and horizontal analysis, please make sure to use FORMULAS in the BLUE shaded cells. For cells that should be percentages, make sure to show the PERCENT SIGN and round to 2 DECIMALS. Also, if a number is NEGATIVE, make sure to show that.

For the ratio analysis,make sure format your answers properly (decimal,percent, etc).

MOOL COMPANY Balance Sheets For the Years Ended December 31, 2023 and 2022 Part 3 2023 2022 Assets Compute the following key ratios for 2023: Current Assets: Cash $ 105,000 $ 71,500 a) Current Ratio Accounts receivable 46,800 32,000 Inventory 42,750 71,200 b) Acid Test Prepaid rent 7,200 4,800 c) Total Debt to Assets Long-Term Assets: Investment in bonds 56,900 Land 117,450 141,600 Equipment 106,200 102,000 Less: Accumulated depreciation (30,600) (20,800) a) Current Ratio Total Assets $ 451,700 $ 402,300 Liabilities and Stockholders' Equity Current Liabilities: b) Acid Test Accounts payable $ 31,710 $ 48,500 Interest payable 7,200 4,200 Income tax payable 12,290 10,000 Long-Term Liabilities: c) Total Debt to Assets Notes payable 138, 150 127,600 Stockholders' Equity: Common stock 144,000 144,000 Retained earnings 118,350 68,000 Total Liabilities and Stockholders' Equity $ 451,700 $ 402,300