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see if the ratios calculated are correct The following amounts were reported by Carla Vista Ltd. in its most recent statement of financial position: The

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The following amounts were reported by Carla Vista Ltd. in its most recent statement of financial position: The company had sales of $2,012,430 in 2024 and $2,065,500 in 2023. All sales were on account. Calculate the current ratio and quick ratio for Carla Vista Ltd. for the current and preceding year. (Round places, e.g. 15.25.) Current ratio Quick ratio Calculate Carla Vista's accountshreceivable turnover ratio and average collection period for the current and preceding the accounts receivable turnover ratio, use the balance of accounts receivable at each year end for this calculation, rath average balances. (Round accounts receivable turnover ratio to 2 decimal places, e.g. 15.25 and average collecti to 1 decimal place, e.g. 15.1. Use 365 days for calculation.) Comment on whether these ratios have improved or worsened. Accounts receivable turnover ratio Average collection period

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