The following financial information is for Carla Vista Company CARLA VISTA COMPANY Balance Sheets December 31 2022 Assets 2021 S69,290 $ 68,060 Cash Debt investments (short-term Accounts receivable 53,000 42,000 106,000 90,000 163,000 Inventory 239,000 24,000 Prepaid expenses Land Building and equipment net 27,000 134.000 134,000 259,000 182,000 S863,290 $707.060 S172,974 $103.000 66,000 54000 Total assets Liabilities and Stockholders' Equity Notes payable Accounts payable Accrued abilities Bonds payable, due 2025 Common stock. $10 par Retained earnings Total abilities and stockholders' equity 40,000 40,000 250,000 209,000 169,000 208,000 133,050 145,316 S863,290 S707,060 CARLA VISTA COMPANY Income Statements For the Years Ended December 31 2022 2021 Sales revenue S991,200 $792.000 Cost of goods sold 641,600 571,950 Gross pront 250,200 220,050 Operating expenses 192,233 164.610 Net income S 57.967 $ 55,440 Additional information: 1. 2. 3. Inventory at the beginning of 2021 was $116,000. Accounts receivable (nat) at the beginning of 2021 were $90,000 Total assets at the beginning of 2021 were 634,000. No common stock transactions occurred during 2021 or 2022. All sales were on account 4. 5. Compute the liquidity and profitability ratios of Carla Vista Company for 2021 and 2022. Round current ratio, asset turnover and earnings per share to 2 decimal places eg 1.83 and all other answers to 1 decimal place eg. 1.8 or 1.8%. If % change is a decrease show the numbers as heative. -1.83or (1.83%) 2022 2021 LIQUIDITY Current ratio Accounts receivables turnover times times Inventory turnover times times 2022 2021 % Chan PROFITABILITY Profit margin 58 Asset turnover times times Return on assets 34 Earnings per share s S Compute the liquidity and profitability ratios of Carla Vista Company for 2021 and 2022. (Round current ratio, asset turnover and earnings per share to 2 decimal places, es 1.83 and all other answers to 1 decimal place, s 1.8 or 1.8%. 1 % change is a decrease show the numbers as negative eg.-1.83% or (1.83%U 2022 2021 % Change 1 :1 56 nover times times 4 times times 23 2022 2021 % Change TY * 56 times times 56 ts S