Question: please help me with this im stuck, take ur time. will give good ratings. Wilke Valley Ltd. reported the following current accounts at December 31,

please help me with this im stuck, take ur time. will give good ratings.

please help me with this im stuck, take ur time.
Wilke Valley Ltd. reported the following current accounts at December 31, 2019 (amounts in thousands): 0 (Click the icon to view the accounts and the completed transactions.) Compute Wilke Valley's current ratio at December 31, 2019, and again at December 31, 2020. Did the current ratio improve or deteriorate during 2020? Comment on the company's current ratio. Calculate the current ratios for 2019 and 2020. (Round to three decimal places.) Accounts and completed transactions 2019 current ratio: 2020 current ratio: Cash ..................... $ 1,300 Receivables .............. 5,000 Inventory ................. 1,900 Prepaid expenses ......... 800 Accounts payable 2,300 Unearned revenue 1,200 Accrued expenses payable . 1,500 During 2020, Wilke Valley completes these transactions: - Used inventory of $3,000 Sold services on account, $6,700 Depreciation expense, $900 Paid for accrued expenses, $100 Collected from customers on account, $7,100 Accrued expenses, $1,000 Purchased inventory of $3,700 on account Paid on account, $5,800 Used up prepaid expenses, $500

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