XYZ Corp. Balance Sheet Analysis Given the balance sheet of XYZ Corp. for the year 2023:

Assets	Amount ($)	Liabilities & Equity	Amount ($)
Cash	10,000	Accounts Payable	5,000
Accounts Receivable	15,000	Notes Payable	10,000
Inventory	20,000	Long-term Debt	20,000
Property, Plant & Equipment	50,000	Common Stock	40,000
Intangible Assets	5,000	Retained Earnings	25,000

Requirements:

Calculate the current ratio.

Determine the quick ratio.

Compute the debt-to-equity ratio.

Assess the company's liquidity position.

Evaluate the solvency of the company.