Question: Becember 3 7 , 2 0 2 3 and 2 0 2 2 table [ [ table [ [ Assers ] , [

Becember 37,2023 and 2022
\table[[\table[[Assers],[Cash]],2023,2022],[,,],[$21.600,$,15,600],[Accounts recelvable,33,050,,27.000],[Irventory,38,000,,42,000],[Prepaid expenses,1,000,,1,500],[Property, plant, and equipment,170,000,,157.000],[Less: Accurnulated armortization,34.000,,24,000],[Goodwill,15.000,,15.000],[Total assets,$244.650,,228.100],[Llabiliclex],[Accounts payable,$15,000,$,18,500],[Note payable (due in 30 days),2,000,,3.500],[Mortgage payable,40,000,,45,000],[Total llabillties,57.000,,67.000]]
Shareholders equicy
Preferred shares (8,000 shares: $2.00, callable at $15.00 per share)
Common shares shares: 2022-8.000 shares)
Retained earnings
Total shareholders equity
Toral liabiliries and shareholders equiry
\table[[48,000,48,000],[81.000,65.000],[58,650,48,100],[187.650,161.100],[3.244,5590,3278,700]]
Required:
Calculate Current Ratio and Quick Ratio.
 Becember 37,2023 and 2022 \table[[\table[[Assers],[Cash]],2023,2022],[,,],[$21.600,$,15,600],[Accounts recelvable,33,050,,27.000],[Irventory,38,000,,42,000],[Prepaid expenses,1,000,,1,500],[Property, plant, and equipment,170,000,,157.000],[Less: Accurnulated

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