I need the answer as soon as possible QUESTION 3) (35 pts) Year end balance sheets for 2018 and 2019 of XYZ Inc are given below a) Compare the liquidity position of this company at the end of 2018 and 2019 by computing the current ratio and acid test ratio (20 pts) Show calculations b) Comment on the ratio results you computed in (a) (15 pts, 75 words) Cash Accounts receivable, net Inventory Plant assets, net Total assets 2019 10,000 7,000 3,000 40,000 55 000 2018 10,000 8,000 5,000 42 000 65 000 Accounts payable Long term bank loan Common stock Retained earnings Total liabilities and equity 12,000 20,000 15,000 8 000 55 000 20,000 22,000 15,000 8 000 65 000

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I need the answer as soon as possible QUESTION 3) (35 pts) Year end balance sheets for 2018 and 2019 of XYZ Inc  are given below  a) Compare the liquidity position of this company at the end of 2018 and 2019 by computing the  current ratio and acid test ratio  (20 pts)   Show calculations  b) Comment on the ratio results you computed in (a) (15 pts, 75 words) Cash Accounts receivable, net Inventory Plant assets, net Total assets 2019 10,000 7,000 3,000 40,000 55 000 2018 10,000 8,000 5,000 42 000 65 000 Accounts payable Long term bank loan Common stock Retained earnings Total liabilities and equity 12,000 20,000 15,000 8 000 55 000 20,000 22,000 15,000 8 000 65 000

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I need the answer as soon as possible QUESTION 3) (35 pts) Year-end balance sheets for 2018 and 2019 of XYZ Inc. are given below:

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