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quattempt.pnprattempte550002sicmid=52324&page HOW IF you know the following items Items Amount 2019 Amount 2020 Cash 100,000 200.000 Inventory 500,000 600,000 400,000 450,000 Account Receivables Fixed Assets

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quattempt.pnprattempte550002sicmid=52324&page HOW IF you know the following items Items Amount 2019 Amount 2020 Cash 100,000 200.000 Inventory 500,000 600,000 400,000 450,000 Account Receivables Fixed Assets 2,700,000 2.900,000 3,100,000 1,000,000 Sales 3,000,000 Account Payables 1,000,000 Long term debt 250,000 Total equity 2,000,000 Net income 100,000 260,000 2,000,000 120,000 1,300,000 Cost of goods sold 1,500,000 The required: Calculate the following ratios: (The formula, your calculation steps, final answer are required) Calculate: Current Ratio for 2019 and 2020, and compare between Current ratio in 2019 and 2020? Which one is better? An

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