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Selected comparative financial statement data for Marx Inc. are shown below. 2019 MARX INC. Statement of Financial Position (partial) December 31 (in thousands) 2021 2020
Selected comparative financial statement data for Marx Inc. are shown below. 2019 MARX INC. Statement of Financial Position (partial) December 31 (in thousands) 2021 2020 Current assets Cash $ 30 $ 90 Trading investments 55 60 Accounts receivable, net 672 589 Inventory 630 527 Prepaid expenses 41 52 Total current assets $ 1,428 $ 1,318 Total current liabilities $ 876 $ 829 $ 60 40 491 569 29 $ 1,189 $ 754 Additional information: (in thousands) 2021 2020 2019 stv 20 Additional information: 2020 (in thousands) Allowance for doubtful accounts Credit sales Cost of goods sold 2021 $ 50 $ 45 2019 $ 40 3.736 2,364 4,194 2,896 3,934 2,659 (a) Calculate all nossible linuidity for non Calculate all possible liquidity ratios for 2021 and 2020. (Round current ratio to 2 decimal places eg. 2.66. Round receivables tumover and inventory tumover to 1 decimal place es, 6.2. Round collection period and days sales in inventory to decimal places es 1,266. Enter working capital amounts in thousands eg. 525.) 2021 2020 Working capital $ Current ratio - 1 Receivables turnover times times Collection period days days Inventory turnover times times Days sales in inventory days dows e Textbook and Media La
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