Selected comparative financial statement data for Tri Town Inc. are shown below.

1) Calculate all possible liquidity ratios for 2018 and 2017. (Round current ratio to 2 decimal places e.g. 2.66. Round receivables turnover and inventory turnover to 1 decimal place e.g. 6.2. Round collection period and days sales in inventory to 0 decimal places e.g. 1,266. Enter working capital amounts in thousands e.g. 525.)

TRI TOWN INC. Statement of Financial Position (partial) December 31 (in thousands) 2018 2017 2016 Current assets Cash Held for trading investments Accounts receivable, net Inventory Prepaid expenses $ 30 91 60 583 521 52 $1,429 $1,307 $ 883 832 60 40 497 579 29 1,205 754 680 623 41 Total current assets Total current liabilities Additional information: (in thousands) Allowance for doubtful accounts Net credit sales Cost of goods sold 2018 $50 4,176 2,917 2017 $45 3,903 2,636 2016 $40 3,730 2,350 Calculate all possible liquidity ratios for 2018 and 2017. (Round current ratio to 2 decimal places e.g. 2.66. Round receivables turnover and inventory turnover to 1 decimal place e.g. 6.2 Round collection period and days sales in inventory to 0 decimal places e.g. 1,266. Enter working capital amounts in thousands e.g. 525.) 2018 2017 Working capital 546 475 Current ratio 1.62 :1 1.57 :1 Receivables turnover 6. times 7.2 times Collection period 55 days 50 days Inventory turnover 5.10 times 4.79 times Days sales in inventory 77| days 72days