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The following amounts were reported by Sandhill Ltd in its most recent statement of financial position: The company had sales of $1,862,588 in 2024 and

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The following amounts were reported by Sandhill Ltd in its most recent statement of financial position: The company had sales of $1,862,588 in 2024 and $2.085,750 in 2023 . Altsales were on account. Calculate the current ratio and quick ratio for Sandhall Ldd for the current and preceding year, (Round answers to 2 decimal places, e.8. 15.25.) Current ratio Quickratio Cadculate Sandhars sccounts receivable furnover ratio and average collection period for the current and piecedine years. For the accounts recelyable turnover ratio, use the balance of accounts recelvable at each vear end for this calcularion. Calculate Sandhilis accounts receivable turnover ratio and average collection period for the current and preceding years. For the accounts recelvable turnover fatio, tse the batance of accounts recelvable at each year end for this calculation, rather than average balances. (Round accounts receivabie turnover rotio to 2 decimal places, e.g. 15.25 and average collection period to 1 decimal place, e.8. 15.1. Use 365 days for calculation.) Comment on whether these ratios have improved or worsened

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