Liberty Corporation reported the following figures: Account Cash and cash equivalents Receivables Inventory Prepaid expenses Total current assets Other assets Total assets Total current liabilities 2016 2015 $ 2450 $ 2094 1813 1611 1324 1 709 1060 2 120 $7296 $ 6885 18 500 15 737 $25 796 $22 622 $ 7230 $ 8467 Non-current liabilities 4 798 3792 Share capital 6 568 4363 Retained earnings 7 200 6 000 Total liabilities and equity $25 796 $22 622 2006 Sales Cost of sales Selling and general expenses Interest expense Income tax expense Profit $20 941 7 055 7065 210 2 563 $ 4048 2 Vertical analysis of Liberty's balance sheet for 2016 would report: a Cash as 9.50% of total assets b inventory turnover of 6 times C current ratio of 1.01 d 17% increase in Cash