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Remaining Time: 2 hours, 2 3 minutes, 4 9 seconds. * Question Completion Status:QUESTION 6 3 The comparative statements of financial position of Hillside Corporation

Remaining Time: 2 hours, 23 minutes, 49 seconds.* Question Completion Status:QUESTION 63The comparative statements of financial position of Hillside Corporation appear below:HILLSIDE CORPORATIONComparative statements of financial positionAssetsCashAccounts receivableInventoryPrepaid expensesLandEquipmentLess: Accumulated DepreciationTotal AssetsLiabilities and Shareholders' EquityAccounts payableDeferred revenueIncome Tax PayableBank Loan payableCommon sharesRetained earningsTotal Liabilities and Shareholders' EquityDecember 312022202125,20086,000170,000152,000344,000320,00010,00015,000250,000150,000650,000380,000(136,500)(80,000)1,312,7001,023,00086,00015,0005,000250,000434,000522,7001,312,700Calculate the following for 2022 and 2021. In the "Better year" columnm, for each ratio, identify which year had the better ratio by entering either 2022 or 2021.Do not enter $$ signs or commas. For example $10,000 should be entered as 10000. Enter your answers upto two decimal points where necessary.20222021Better vear76,00010,00012,000160,000334,000431.0001,023,0005 points Save

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