Question 1 of 5 Current Attempt in Progress Selected comparative financial statement data for Steering Inc. are shown below. Current assets Cash Trading investments STEERING INC. Statement of Financial Position (partial) December 31 (in thousands) Accounts receivable, net Inventory Prepaid expenses Total current assets Total current liabilities Additional information: (in thousands) Allowance for doubtful accounts Credit sales 2021 $ 30 55 674 622 41 2021 $ 50 2020 4,153 $ 91 60 589 $ 1,422 $ 1,320 $ 881 $ 528 52 830 $ 2020 $ 2019 60 3,957 40 498 570 29 $ 1,197 $ 753 2019 45 $ 40 3,664 -/7 = :

Selected comparative financial statement data for Steering inc, are shown below. Additional information: Calculate all possible liquidity ratios for 2021 and 2020. (Round current ratio to 2 decimal places e. 2.66. Round receivables turnover and inventory turnover to 1 decimal place es. 6.2. Round collection period and days sales in inventory to 0 decimal places eg. 1,266, Enter working capital amounts in thousands es. 525.)