Part A:

Part B:

Part C:

Determine the Current Ratio on December 31, 2022: 1.42 2.53 2.08 2.64 1.28 Determine Total Liabilities as of December 31, 2021: $52,500 $54,700 $55,200 $71,100 $64,700 Which of the following statements is false? A. An investment in stock of another company is classified as either current or non-current depending on when management intends to sell the stock B. Goodwill is recorded as an asset when one company purchases another company and pays more than the historical costs of the net assets. C. The book value of a company's fixed assets is calculated by subtracting the accumulated depreciation from the cost of the asset. D. Both A and B are false E. Both A and C are false