Calculate D$$Leon$$s $2022$ current and quick ratios based on the projected balance sheet and income statement data. What can you say about the company$$s liquidity positions in $2020,$ in $2021,$ and as projected for $2022?$ We often think of ratios as being useful

$(1)$

to managers to help run the business,

$(2)$

to bankers for credit analysis, and

$(3)$

to stockholders for stock valuation.