A Question 22 (1 point) Retake question = Listen An extract from an electronics company's 2021 financial statements follows: As of December 31, 2021 As of December 31, 2020 Balance sheet Cash and equivalents Accounts receivable Financing receivables Inventory Other current assets Total current assets Notes payable and other short-term borrowings 3,996 3,979 3,912 4,511 2,460 18,878 3,552 4,233 3,386 3,794 2,674 2,469 16,556 3,755 Accounts payable Employee compensation and benefits Taxes on earnings Deferred revenue Accrued restructuring Other accrued liabilities. Total current liabilities Total assets 7,004 1,778 169 3,408 290 4,486 20,687 57,699 5,383 1,391 148 3,430 366 4,265 18,738 54,015 Income statement Sales Cost of goods sold Gross profit 1) 1.2 2) 0.2 What was the company's cash ratio for 2021? 3) 0.7 Year ended December 31, Year ended December 31, 2021 2020 4) 0.4 27,764 18,196 9,568 26,982 18,242 8,740