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The following selected information (in thousands) was taken from Fruition Collections Ltd.'s December 31 statement of financial position: Current assets Cash Accounts receivable Inventories Other
The following selected information (in thousands) was taken from Fruition Collections Ltd.'s December 31 statement of financial position: Current assets Cash Accounts receivable Inventories Other current assets 2024 2023 $1,074 $1,521 2,147 1,575 1,201 1,010 322 192 Total current assets $4,744 $4,298 Total current liabilities $3,011 $2,989 3) 4) 3) Calculate the current ratio for 2024 4) Calculate working capital for 2024
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