Question 5 of 5 < The following information comes from the accounting records of Carla Vista Ltd.: 2022 2023 2024 Statement of Financial Position Assets Cash $32,500 $32,000 $36,000 Accounts receivable 100,200 119,000 169,000 Inventory 163,000 193,000 190,000 Capital assets (net) 651,000 671,000 754,000 Other assets 350,000 312,000 400,000 $1.296,700 $1,327,000 $1,549,000 Type here to search Liabilities and shareholders' equity Accounts payable Long-term debt $149,000 $170,000 $189,000 301,000 326,000 515.000 Question 5 of 5 - In... 162743 -/1 Liabilities and shareholders' equity Accounts payable $149,000 $170,000 $189,000 Long-term debt 301,000 326,000 515,000 Common shares 782,000 782,000 782,000 Retained earnings 64,700 49,000 63,000 $1,296,700 $1,327,000 $1,549,000 Statement of Income Sales $1,047,000 $1,208,000 $1,338,000 Cost of goods sold 764,310 869,760.0 949,980 Other expenses 261,750 277,840 334,500 f 20,940 60,400 53,520 Income tax Net income 14,000 15,100 16,056 $6,940 $45,300 $37.464 e here to search Question 5 of 5 - In Based on the above information, analyze the changes in the company's profitability and liquidity, in addition to the management of accounts receivable and inventory from 2022 to 2024. (Round answers to 1 decimal place, e.g. 13.5% or 13.5.) Sales Cost of goods sold 2022 2023 200 % % % % 2024 200 % % Gross margin 200 % 300 % % Other expenses % 200 % % % % % Income taxes o search Net income Question 5 of 5-In... % 6. % 200 2022 2023 % do 2024 Fignment Question 5 of 5 < Current ratio Quick ratio ere to search A/R turnover 2022 :1 :1 2023 :1 :1 times times Average collection period days days Inventory turnover times times Days to sell inventory eTextbook and Media Save for Later Question 5 of 5 - In days days -/1 2024 Attempts: 0 of 2 used Submit Answer