View Policies Current Attempt in Progress Condensed balance sheet and income statement data for Carla Vista Corporation are presented as follows. Carla VistaCorporation Balance Sheets December 31 Assets 2022 Cash $33,350 Receivables (net) 79,300 Other current assets 99,300 Long-term investments 62,000 Property.plant, and equipment (net) 519,300 Total assets $793,250 Liabilities and Stockholders' Equity Current liabilities $78,500 Long-term liabilities 89,300 Common stock 339,300 Retained earnings 286,150 Total liabilities and stockholders' equity $793,250 2021 $22,800 71,300 82.300 60.000 479,300 $715,700 $73,500 99,300 309,300 233,600 $715,700 Carla VistaCorporation Income Statements For the Years Ended December 31 2022 Sales revenue $797.000 Cost of goods sold 440,000 Operating expenses (including income taxes) 240.000 Net income $117.000 2021 $675,000 400,000 220,000 $55.000 Compute these values and ratios for 2021 and 2022. (Round ratios to 1 decimal place, eg. 15.2.) 2021 2022 (a) Working capital. $ $ (b) Current ratio :1 -1 (c) Debt to assets ratio. 96 96 (d) Based on the ratios calculated, comment on the improvement or lack thereof in financial position from 2021 to 2022 of Carla Vista Corporation. The liquidity as shown by the working capital and the current ratio has The solvency as shown by the debt to assets ratio has Save for Later Attempts: 0 of 1 used Submit