1. Please use the following balance sheet data to answer Questions 1 and 2

(In thousands of US$) 2020 2019 Current assets Cash 141,750 133,650 Accounts receivable 108,000 120,150 Inventory 226,800 232,200 Prepaid expenses 36,450 29,700 Total current assets 513,000 515,700 Current liabilities Accrued expenses payable 20,250 6,750 Accounts payable 114,750 124,200 Total current liabilities 135,000 130,950