prepare a classified balance sheet

claculate working capital,the current ratio and the acid-test ratio

identify the company's liquidity

Selected financial information for Carla Vista Enterprises as at December 31,2024, follows: Additional information: 1. All accounts have normal balances. 2. $18,300 of the mortgage payable will be paid before December 31,2025 . 3. The notes payable are payable on May 17, 2025