question 3

The condensed financial statements of Carla Vista Comnan for the vears 2021 and 2022 are presented below. Compute the followins ratios for 2022 and 202.1. Imventory on December 31, 2020, was 5300 . Assets on December 31, 2020 were \$1,890. Stockholders' Equity - Common on December 31. 2020. was $970. (Round current ratio and inventory fumover to 2 decimol ploces es. 15.25. Round other answers to 1 decimal place, es, 15.2 or 15.2 J Compute the following ratios for 2022 and 2021. Inventory on Decomber 31, 2020, was $300. Assets an December 31 , 2020, were $1,890.5 tockholders' Equity - Common on December 31, 2020, was $970. (Round aurrent rutlo and inventory turnover to 2 decimal ploces, eg. 15.25. Round other answers to 1 decimal ploce, eg 15.2 or 15.2% )