Rachel's Restaurant Balance Sheet December $31$ Last Year Versus This Year Rachel wanted to try to decrease her accounts receivable this year. Did she do this?

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b$.$ Rachel wanted to try to reduce her inventories this year to be more in line with the chain's average inventories. Did she do this?

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c$.$ Rachel wanted to reduce her accounts payable this year. Did she do this?

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d$.$ Rachel wanted to pay off more of her total current liabilities this year. Did she do this?

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e$.$ Based on the changes reported in her balance sheet, do you think Rachel$$s restaurant likely made a profit last year? Why or why not?

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