Swifty Inc. had the following balance sheet at December 31, 2019. Cash Accounts receivable Investments Plant assets (net) Land SWIFTY INC. BALANCE SHEET DECEMBER 31, 2019 $21,540 Accounts payable 22,740 Notes payable (long-term) 33,540 Common stock 81,000 Retained earnings 41,540 $ 200,360 $31,540 42,540 101,540 24,740 $200,360 During 2020, the following occurred. 1. 2. 3. 4. 5. 6. 7. 8. Swifty Inc. sold part of its debt investment portfolio for $15,350. This transaction resulted in a gain of $3,750 for the firm. The company classifies these Investments as available-for-sale. A tract of land was purchased for $14,540 cash. Long-term notes payable in the amount of $16,350 were retired before maturity by paying $16,350 cash. An additional $20,350 in common stock was issued at par. Dividends of $8,550 were declared and paid to stockholders. Net Income for 2020 was $33,540 after allowing for depreciation of $11,350. Land was purchased through the issuance of $36,540 in bonds. At December 31, 2020, Cash was $38,540, Accounts Receivable was $43,140, and Accounts Payable remained at $31,540. Prepare an unclassified balance sheet as it would appear at December 31, 2020. (List Assets in order of liquidity.) SWIFTY INC. Balance Sheet December 31, 2020 Assets Cash Accounts Receivable Liabilities and Stockholders' Equity SHOW LIST OF ACCOUNTS LINK TO TEXT Compute two cash flow ratios. (Round ratios to 2 decimal places, e.g. 0.62.) Current cash debt coverage ratio Cash debt coverage ratio