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What was their depreciation expense for 2 0 2 3 ? What were the current ratios for Both 2 0 2 2 and 2 0

What was their depreciation expense for 2023?

What were the current ratios for Both 2022 and 2023?

Was their current ratio for year 2023 better or worse compared to 2022?

What was there total assets turnover in 2023?

what was there average collection paid (year 2023) for accounts receivable?

What was there quick (or acid test) ratio for 2023?


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Assets Current assets Balance Sheet ($000) December 31 2023 2022 Cash $ 45 $ 50 Marketable Securities 10 20 Accounts receivable 355 350 Inventory 475 320 Total Current Assets 885 740 Gross Fixed Assets 570 520 Less accumulated depreciation 170 150 Net fixed assets 400 370 Total Assets $1,245 $1,110 Liabilities & stockholders' equity Current liabilities Accounts payable Notes payable $ 284 $ .320 110 90 Accruals 20 20 Q Total current liabilities 414 430 Long-term Debt 300 350 Total Liabilities 714 780

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