Question: Selected comparative financial statement data for Canarie Inc. are shown below. CANARIE INC. Statement of Financial Position (partial) December 31 (in thousands) 2021 2020 2019

 Selected comparative financial statement data for Canarie Inc. are shown below.
CANARIE INC. Statement of Financial Position (partial) December 31 (in thousands) 2021
2020 2019 Current assets Cash $ 30 $ 91 $ 60 55

Selected comparative financial statement data for Canarie Inc. are shown below. CANARIE INC. Statement of Financial Position (partial) December 31 (in thousands) 2021 2020 2019 Current assets Cash $ 30 $ 91 $ 60 55 60 40 Trading investments Accounts receivable, net 682 587 498 Inventory 634 529 577 Prepaid expenses 41 52 29 Total current assets $ 1,442 $ 1,319 $ 1.204 Total current liabilities $ 884 $ 826 $ 743 SH ) 2 Additional information: 2021 2020 2019 (in thousands) 50 $ $ 45 $ 40 Allowance for doubtful accounts 4,192 3,971 3,708 Credit sales 2,898 Cost of goods sold 2,633 2,362 Question 5 of 12 Calculate all possible liquidity ratios for 2021 and 2020. (Round current ratio to 2 decimal places es. 266. Round rectivables tumover and Inventory turnover to 1 decimal place es 62 Round collection period and days sales in inventory to 0 decimal places eg. 1,266. Enter worlding capital amounts in thousands og 525) 2020 2021 558 Working capital $ 1.63 Current ratio :1 :1 ho Receivables turnover 6.15 times times Collection period days days Inventory turnover times times Days sales in inventory days days

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