Question 6 of 6 The following financial information is for Sandhill Company. Additional information: 1. Inventory at the beginning of 2021 was $117,000. 2. Accounts receivable (net) at the beginning of 2021 were $89,000. 3. Total assets at the beginning of 2021 were $632,000. 4. No common stock transactions occurred during 2021 or 2022. 5. All sales were on account. The following are three independent situations and a ratio that may be affected. For each situation, compute the affected ratio (1) as of December 31, 2022, and (2) as of December 31, 2023, after giving effect to the situation. (Round all answers to 1 decimal places, e.g. 1.8 or 1.8%. If \% change is a decrease show the numbers as negative, e.g. 1.83% or (1.83\%).) The following are three independent situations and a ratio that may be affected. For each situation, compute the affected ratio (1) as of December 31, 2022, and (2) as of December 31, 2023, after giving effect to the situation. (Round all answers to 1 decimal places, e.g. 1.8 or 1.8%. If \% change is a decrease show the numbers as negative, e.g. 1.83% or (1.83\%).) Question 6 of 6 The following financial information is for Sandhill Company. Additional information: 1. Inventory at the beginning of 2021 was $117,000. 2. Accounts receivable (net) at the beginning of 2021 were $89,000. 3. Total assets at the beginning of 2021 were $632,000. 4. No common stock transactions occurred during 2021 or 2022. 5. All sales were on account. The following are three independent situations and a ratio that may be affected. For each situation, compute the affected ratio (1) as of December 31, 2022, and (2) as of December 31, 2023, after giving effect to the situation. (Round all answers to 1 decimal places, e.g. 1.8 or 1.8%. If \% change is a decrease show the numbers as negative, e.g. 1.83% or (1.83\%).) The following are three independent situations and a ratio that may be affected. For each situation, compute the affected ratio (1) as of December 31, 2022, and (2) as of December 31, 2023, after giving effect to the situation. (Round all answers to 1 decimal places, e.g. 1.8 or 1.8%. If \% change is a decrease show the numbers as negative, e.g. 1.83% or (1.83\%).)