Signal Corp.engages in the operation and ownership of general merchandise stores. It offers food assortments including perishables, dry grocery, dairy, and frozen items. Using all the tools including common size vertical and trend analysis, analyze the short term assets and liabilities and the liquidity of the company. Use the three step approach where you state the facts, evaluate the reasons behind the facts and finally come to a conclusion.

BALANCE SHEET OF SIGNAL. CORPORATION

JAN'$23$ JAN'$22$ JAN'$21$

Assets

Cash & Short$-$Term Investments Cash Only

Total Short Term Investments Short$-$Term Receivables

Accounts Receivables, Net Other Receivables Inventories

Other Current Assets

Prepaid Expenses

Miscellaneous Current Assets

Total Current Assets

Net Property, Plant & Equipment

Other Long$-$Term Investments

Intangible Assets

Tangible Other Assets

Total Assets

$\backslash$table$[[2229,5911],[886,926],[1343,4985],[1695,1353],[526,518],[1169,835],[13499,13902],[423,407],[88,170],[235,237],[17846,21573],[34169,30737],[447,605],[645,656],[228,240],[1335,53811]]$

Labilities & Shareholders' Equity

ST Debt & Curr. Portion LT Debt

Accounts Payable

Income Tax Payable

Other Current Liabilities

Dividends Payable

Accrued Payroll

Miscellaneous Current Liabilities

Total Current Llabilities

$\backslash$table$[[2026,425,1355],[11887,15478,12859],[,,473],[5587,5844,5438],[497,424,341],[1492,1789,1846],[3598,3631,3251],[19500,21747,20125]]$

Long$-$Term

Long$-$Term Debt

Long$-$Term Debt excl Lease Obligations

Capital and Operating Lease Obligations

Provision for Risks & Charges.

Deferred Tax Llabilities

Other Liabilities

Other Liabilities $($excl$.$ Deferred Income$)$

Deferred Income

Total Liabilities

Equity

Common Equity

Common Stock Par$/$Carry Value

Additional Paid$-$In Capital$/$Capital Surplus

Retained Earnings

Cumulative Translation Adjustment$/$Unre

Other Appropriated Reserves

Total Shareholders' Equity

Total Equity

$\backslash$table$[[18647,16042,13754],[14066,11582,9770],[4581,4460,3984],[37,45,57],[2196,1566,990],[1723,1584,1882],[1274,1105,1373],[449,479,509],[42103,40984,36808]]$

Total Liabilities & Shareholders' Equity

$\backslash$table$[[11232,12827,14440],[38,39,42],[6608,6421,6329],[5005,6920,8825],[-23,-19,-18],[-396,-534,-738],[11232,12827,14440],[11232,12827,14440],[53335,53811,51248]]$