Refer the following table.

Airspace Technologies Inc.

Comparative Balance Sheet Information

November $30$

$($millions of $$)$

$202320222021$

Cash $ $61$ $ $12$ $ $24$

Accounts receivable $($net$)1104836$

Inventory $192228188$

Prepaid rent $723624$

Plant and equipment $($net$)720768816$

Accounts payable $965343$

Accrued liabilities $8412077$

Income tax payable $17512$

Preferred shares $120120120$

Common shares $240240240$

Retained earnings $598554596$

Airspace Technologies Inc.

Income Statement

For Year Ended November $30$

$($millions of $$)$

$20232022$

Net sales $ $1,200$ $ $984$

Cost of goods sold $456384$

Gross profit $ $744$ $ $600$

Operating expenses:

Depreciation expense $ $48$ $ $48$

Other expenses $480324$

Total operating expenses $528372$

Profit from operations $ $216$ $ $228$

Interest expense $177$

Income tax expense $2426$

Profit $ $175$ $ $195$

Required:

Calculate Airspace's liquidity and efficiency ratios for $2023$ and $2022.($Round the final answers to $2$ decimal places. Use $365$ days a year.$)$