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Selected comparative financial statement data for Canarie Inc. are shown below. CANARIE INC. Statement of Financial Position (partial) December 31 (in thousands) 2021 2020 2019

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Selected comparative financial statement data for Canarie Inc. are shown below. CANARIE INC. Statement of Financial Position (partial) December 31 (in thousands) 2021 2020 2019 Current assets Cash $ 30 $ 91 $ 60 55 60 40 Trading investments Accounts receivable, net 682 587 498 Inventory 634 529 577 Prepaid expenses 41 52 29 Total current assets $ 1,442 $ 1,319 $ 1.204 Total current liabilities $ 884 $ 826 $ 743 SH ) 2 Additional information: 2021 2020 2019 (in thousands) 50 $ $ 45 $ 40 Allowance for doubtful accounts 4,192 3,971 3,708 Credit sales 2,898 Cost of goods sold 2,633 2,362 Question 5 of 12 Calculate all possible liquidity ratios for 2021 and 2020. (Round current ratio to 2 decimal places es. 266. Round rectivables tumover and Inventory turnover to 1 decimal place es 62 Round collection period and days sales in inventory to 0 decimal places eg. 1,266. Enter worlding capital amounts in thousands og 525) 2020 2021 558 Working capital $ 1.63 Current ratio :1 :1 ho Receivables turnover 6.15 times times Collection period days days Inventory turnover times times Days sales in inventory days days

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