Hope Corporation had the following comparative current assets and current liabilities for the years ended:

Hope Corporation had the following comparative current assets and current liabilities for the years ended December 31, 2019 and 2020: 2020 2019 Current assets Cash Short-term investments Accounts receivable Inventory Prepaid expenses Total current assets Total non-current assets Current liabilities Accounts payable Salaries payable Income tax payable Total current liabilities Total non-current liabilities $22,700 17,800 53,000 170,000 9,600 $273,100 $445,000 $32,000 19,800 90,000 95,600 10,600 $248,000 $405,000 $172,600 17,200 23,000 $212,800 $336,000 $150,000 26,100 14,200 $190,300 $300,000 During 2020, credit sales and cost of goods sold were $445,000 and $236,400 respectively. The 2019 credit sales were $492,000 and cost of goods sold was $251,000. Net cash provided by operating activities was $136,600 and $149,800 respectively for 2020 and 2019. At December 31, 2018, current liabilities were $192,200, accounts receivable was $71,800 and inventory was $87,400. The allowance for doubtful accounts at the end of each of the three years was zero. Industry Averages: Working capital $38,500 Current ratio: 1.20: 1 Quick ratio: 0.65:1 Receivables average collection period: 30 days Days to sell inventory: 120 days Using retrospective (horizontal) analysis, calculate the percentage of base-year amount for 2019 to 2020, assuming that 2019 is the base year. (Round answers to 1 decimal place, eg. 15.2%.) 2020 2019 Current assets Cash de % Short-term investments % Accounts receivable % % Inventory % % de % Prepaid expenses Current liabilities Accounts payable % % Salaries payable % % Calculate the following liquidity measures for 2019 and 2020: (Round quick ratio to 2 decimal places, eg. 1.25. Round current ratio, accounts receivable turnover and inventory turnover to 1 decimal place, eg. 15.2. Round receivables average collection period and days to sell inventory to O decimal places, eg. 125. Use 365 days for calculation.) 2020 2019 Working capital $ $ ) (2 : 1 :1 Current ratio Quick ratio (3) : 1 (4a) times times (4b) Accounts receivables turnover Receivables average collection period Inventory turnover days days (5a) times times (5b) Days to sell inventory days days Calculate the net debt as a percentage of total capitalization solvency measure for 2019 and 2020. (Round answers to 1 decimal place, eg. 15.2%.) 2020 2019 Net debt as a percentage of total capitalization % %