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URGENT!! Company has the following Balance sheet for 2019 and 2020. Explain how liquidity of the compny did change between these two years. Use Current

URGENT!! image text in transcribed
Company has the following Balance sheet for 2019 and 2020. Explain how liquidity of the compny did change between these two years. Use Current and Quick ratios only. 2019 2020 Cash 20 25 240 300 Account receivables Inventory 240 300 500 625 Total current assets Net fixed assets Total assets 500 625 1,000 1.250 Accounts payable 100 125 100 193.6 200 318.6 Notes payable Total current liabilities Long term debts Common stock 100 1936 500 500 Retained earnings 200 237.8 Total Liabilities and equity 1,000 1,250

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