Over the past two years, 'Wellness@Whistler', has faced a decline in cash reserves, creating anxiety about its liquidity and the ability to cover short$-$term liabilities. Financial statement extracts expose key movements in the company's fiscal position:$2023$ Financials:

Cash and equivalents reduced from $$50,000$ to $$20,000,$

Short$-$term investments rose from $$20,000$ to $$20,500,$

Accounts receivable grew from $$100,000$ to $$120,000,$

Prepaid expenses went up from $$40,000$ to $$49,500,$

Total current assets inched up from $$210,000$ to $$210,000,$

Accounts payable enlarged from $$80,000$ to $$100,000,$

Accrued expenses went up from $$40,000$ to $$50,000,$

Total current liabilities went up from $$190,000$ to $$230,000.$

Please find below the extracts from the minutes of our most recent meeting:

Trainee Accountant: "Mark, after reviewing the financials, there's been an uptick in revenue to $$550,000.$ Yet, our liquidity has weakened, and notably, our net income has dipped to $$259050$ from last year's $$280000."$

Mark: "Are all income sources included in this? And how much has our current ratio fallen?"

Trainee Accountant: "Yes, all income sources are considered. The surge in operating expenses to $$290,950$ is the main reason for our financial pinch, which also led to this year's profit decrease.

Mark: "This drastic turn from profit to a lower profit margin is worrying. We must scrutinize our growth strategy and financial controls. Could we have missed something in our accounts?"

Trainee Accountant: "Rest assured, the analysis is accurate. The loss is mainly due to the higher operating costs, especially from upgrading our spa facilities, impacting our earnings."

Mark: "It's a challenging time. Our investment in the wellness experience was substantial. We eed to re$-$evaluate our strategies to ensure financial stability while still aiming for our long$-$term Js$.$ We might have overextended financially."The extracts from the income statement are as follows:

$2022-$ Expenses $($CAD$)$

$2023$ Expenses $($CAD$)$

Category

Utilities

$44,000\mathrm{.}00(2022)$

$55,000\mathrm{.}00(2023)$

Staff Salaries and Wages

$55,000\mathrm{.}00(2022)$

$71,500\mathrm{.}00(2023)$

Maintenance and Repairs

$33,000\mathrm{.}00(2022)$

$41,250\mathrm{.}00(2023)$

Marketing and Advertising

$22,000\mathrm{.}00(2022)$

$33,000\mathrm{.}00(2023)$

Insurance

$11,000\mathrm{.}00(2022)$

$16,500\mathrm{.}00$

Food and Beverage Costs

$22,000\mathrm{.}00(2022)$

$33,000\mathrm{.}00(2023)$

Technology Upgrades

$11,000\mathrm{.}00(2022)$

$12\mathrm{.}100\mathrm{.}00$

Training and Development

$11,000\mathrm{.}00(2022)$

$14,300\mathrm{.}00(2023)$

Laundry and Linen

$6,600\mathrm{.}00(2022)$

$8\mathrm{.}580\mathrm{.}00(2023)$

Property Taxes and Licenses

$4,400\mathrm{.}00(2022)$

$5,720\mathrm{.}00(2023)$

Total Expenses

$220,000\mathrm{.}00(2022)$

$290,950\mathrm{.}00(2023)$

net income $259050(2022)$

net income $280000(2023)$

a$)2022$ and $2023$ years Return on equity $($ROE$)$

$??$