Louisville Farms, is a breeder of racehorses. The CEO John Carter needs assistance and advice with his financials to allow him to concentrate on the horse breeding rather than trying to figure out the best accounting approaches. You have been recruited as a consultant by the CEO

QUESTION 4 (15 Points) Analysing Statements The statements of Woody Woodpecker Corp. contain the following information: 2019 2018 Cash & Cash Equivalents $ 65,000.00 $ 42,000.00 Accounts Receivable $ 44,000.00 $ 51,000.00 Inventory $ 129,000.00 $ 102,000.00 Prepaid Expenses $ 12,000.00 $ 9,200.00 Other Current Assets $ 9,500.00 $ 8,400.00 Total Assets $ 450,000.00 $ 390,000.00 Non Current Liabilties $ 180,000.00 $ 180,000.00 Total Liabilities $ 270,000.00 $ 210,000.00 Income from Operations $ 550,000.00 $ 490,000.00 Interest Expense $ 95,000.00 $ 86,000.00 Instruction: (show your calculations and round to 2 decimal places) From the above information calculate: Current Ratio 2019 Quick Ratio 2019 Debt Ratio 2019 Working Capital 2019 Percentage Change in Working Capital Percentage Change in Total Liabilities Time-Interest-Earned Ratio 2019