Yuen Corporation shows the following financial position and results for the three years ended December 31, 2022, 2021, and 2020 (in thousands): 

Calculate the current ratio, quick ratio for each year, and the days payables outstanding ratio for 2021 and 2022, and comment on your results. Round answers to two decimal places.

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2022 2021 2020 Cash $ 650 700 600 FV-NI investments 500 500 500 Accounts receivable 900 1,000 1,300 Inventory 4,900 4,600 4,000 Prepaid expenses 1,300 1,000 006 Total current assets 8,250 7,800 7,300 Accounts payable 1,550 1,700 1,750 Accrued liabilities 2,250 2,000 1,900 Total current liabilities 3,800 3.700 3,650 Cost of goods sold 15,000 18,000 17,000 %24 %24