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Task 3) Analysing Statements (14 points) The Statements of Egnab Inc. contain some of the following information: 2021 2020 Cash & Cash Equivalents $
Task 3) Analysing Statements (14 points) The Statements of Egnab Inc. contain some of the following information: 2021 2020 Cash & Cash Equivalents $ 65,000 $ 42,000 Accounts Receivable $ 120,000 $ 51,000 Inventory $ 134,000 $ 102,000 Prepaid Expenses $ 22,000 S 9,200 Other Current Assets $ 20,000 $ 8,400 Total Assets S 450,000 $ 390,000 Non-Current Liabilities $ 180,000 $ 122,000 Total Liabilities $ 295,000 $ 210,000 Income from Operations $ 550,000 $ 490,000 Interest Expense S 78,000 $ 86,000 Instruction: (show your calculations and round to 2 decimal places) From the above information calculate: Current Ratio 2021 Quick Ratio 2021 Debt Ratio 2021 Working Capital 2021 Percentage Change in Working Capital Percentage Change in Total Liabilities Time-Interest-Earned Ratio 2021
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