Yuen Corporation shows the following financial position and results for the three years ended December 31, 2014, 2015, and 2016 (in thousands):

For each year, calculate the current ratio, quick ratio, and days payables outstanding ratio, and comment on your results.

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2016 2015 $ 650 500 900 4,900 1,300 $8,250 $ 700 Cash Fair value-net income investments 500 receivable 1,000 4,600 1,000 7,800 Inventory Prepaid expenses Total current assets Accounts payable Accrued liabilities Total current liabilities $ 1,550 2,250 $3,800 $1,700 2,000 3,700 Cost of goods sold $15,000 $18,000