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The following is the balance sheet and Income statement for Metro Eagle Outfitters, In condensed form, plus some Information from the cash flow statement. Balance

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The following is the balance sheet and Income statement for Metro Eagle Outfitters, In condensed form, plus some Information from the cash flow statement. Balance Sheet 2022 2021 2028 Cash and short-term investments $ 646,992 761, 044 $ 750, 693 Accounts receivable 47,921 41,910 39, 921 Inventory 348, 452 399, 514 317, 208 Other current assets 114, 435 117, 020 98, 588 Total current assets 1, 157, 800 1, 319, 488 1, 206, 410 Long-lived assets 574, 832 623, 482 569, 802 Total assets $ 1, 732, 632 $ 1,942,978 1, 776, 212 Current liabilities $ 472,902 $ 453, 401 $ 403, 837 Total liabilities 509, 845 522, 586 421, 941 Shareholders' equity 1, 222, 787 1, 420, 384 1, 354, 271 Total liabilities and equity $ 1, 732, 632 $ 1,942,978 $ 1, 776, 212 Income Statement Sales $ 3, 479, 092 $ 3, 121, 665 $ 2,948, 494 Cost of sales 2, 101, 480 1, 991, 471 1, 779, 143 ross mar $ 1, 377, 522 $ 1, 130, 194 1, 169, 351 Operating expenses 973, 884 853, 385 850, 376 Earnings before interest and taxes $ 403, 638 $ 276, 809 $ 318,975 Net income $ 248, 108 $ 153, 305 $ 142, 247 Interest paid in cash 96 198 177 Taxes paid in cash 143, 609 109, 556 47,337 Cash Flows Cash flow from operations $ 587, 671 $ 502, 317 $ 396, 416 Capital expenditures 95, 539 92, 656 79, 104 Dividends 87, 192 87, 192 84, 766 Required: Calculate the following liquidity ratios for Metro Eagle In 2021 and 2022- 1. Inventory turnover. 2. Current ratlo 3. Quick ratio. 4. Cash flow ratio. Inventory Turnover 2022 2021 Numerator Cost of sales $ 2,101,480 5.62...... Denominator Average inventory 873,983 Current Ratio 2022 2021 Numerator Denominator Quick Ratio 2022 2021 Numerator Denominator Cash Flow Ratio 2022 2021 Numerator Denominator

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