Calculate current ratio, working capital and debt to asset ratio for 2021 and 2022 nancial Information for
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nancial Information for Lakeview Vineyard 2021/2022: tems 2021 2022 Cash and equivalents Grape & Vine inventory Other current farm assets Machinery and equipment Buildings Land $ 1,000.00 $ 1,200.00 $ 60,000.00 $ 40,000.00 $ 1,000.00 $ $ 100,000.00 $ 20,000.00 1,000.00 $110,000.00 $ 18,000.00 $ 300,000.00 $ 290,000.00 Other noncurrent farm assets $ 15,000.00 $ 15,000.00 Notes payable $ 15,500.00 $ 10,550.00 Accounts payable $ 15,500.00 $ 10,550.00 Current portion of term debt $ 12,000.00 $ 14,000.00 Other current farm liabilities Deferred portion of term debt Non-depreciation operating expenses Depreciation Interest expense Family living withdrawals $ 15,000.00 $ 20,000.00 $ 150,000.00 $ 136,000.00 $ 76,538.00 $ 15,000.00 $ $ 14,571.00 $ $ 25,000.00 $ SSSS 79,321.00 16,000.00 14,570.00 25,700.00 Nonfarm income $ $ Income tax expense $ 9,091.00 $ 6,700.00 Other income from farm assets $ $ Principal payments on current portions of term debt and capital leases $ 12,000.00 $ 14,000.00 Interest payments on term debt and capital leases $ 13,500.00 S 12,240.00 173 words DO Text Predictions: On Accessibility: Good to go -4F Sunny Milso solt nancial Information for Lakeview Vineyard 2021/2022: tems 2021 2022 Cash and equivalents Grape & Vine inventory Other current farm assets Machinery and equipment Buildings Land $ 1,000.00 $ 1,200.00 $ 60,000.00 $ 40,000.00 $ 1,000.00 $ $ 100,000.00 $ 20,000.00 1,000.00 $110,000.00 $ 18,000.00 $ 300,000.00 $ 290,000.00 Other noncurrent farm assets $ 15,000.00 $ 15,000.00 Notes payable $ 15,500.00 $ 10,550.00 Accounts payable $ 15,500.00 $ 10,550.00 Current portion of term debt $ 12,000.00 $ 14,000.00 Other current farm liabilities Deferred portion of term debt Non-depreciation operating expenses Depreciation Interest expense Family living withdrawals $ 15,000.00 $ 20,000.00 $ 150,000.00 $ 136,000.00 $ 76,538.00 $ 15,000.00 $ $ 14,571.00 $ $ 25,000.00 $ SSSS 79,321.00 16,000.00 14,570.00 25,700.00 Nonfarm income $ $ Income tax expense $ 9,091.00 $ 6,700.00 Other income from farm assets $ $ Principal payments on current portions of term debt and capital leases $ 12,000.00 $ 14,000.00 Interest payments on term debt and capital leases $ 13,500.00 S 12,240.00 173 words DO Text Predictions: On Accessibility: Good to go -4F Sunny Milso solt
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