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IU Give the balance sheet below, find the CURRENT RATIO Cash Account Receivables Inventory Total current assets Total fixed assets Total assets December 31, 2020 $ 400 560 790 $1,750 1,200 $2,950 December 31, 2019 $300 450 550 $1,300 1,210 $2,510 Account payable Note payable Other current liabilities Total current liabilities Long-term debt Common equity Total liabilities and equity $ 350 470 220 $1,040 580 $1,330 $2,950 $ 250 330 130 $ 710 580 $1,220 $2.510 Inland Manufacturing Income Statement December 31, 2005 (Dollars in Millions) $2,450 S230 880 230 400 Gross sales Cost of goods sold: Materials Labor Overhead Depreciation Gross profit Selling expenses General and administrative expenses Earnings before interest and taxes (EBIT) Interest expenses Earnings before income taxes Provision for income taxes (40%) Net income $1,710 S740 40 60 S640 215 S 65 12406 369 1.68 anch