Selected comparative financial statement data for Richetti Inc. are shown below. RICHETTI INC. Statement of Financial...

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Selected comparative financial statement data for Richetti Inc. are shown below. RICHETTI INC. Statement of Financial Position (partial) December 31 (in thousands) 2024 2023 2022 Current assets Cash $30 $91 $60 Trading investments 55 60 40 Accounts receivable, net 671 582 498 Inventory 624 526 581 Prepaid expenses 41 52 29 Total current assets $1,421 $1,311 $1,208 Total current liabilities $882 $826 $756 Additional information: Additional information: (in thousands) 2024 2023 2022 Allowance for expected credit losses $50 $45 $40 Credit sales 4,175 3,901 3,733 Cost of goods sold 2,909 2,645 2,364 Calculate all possible liquidity ratios for 2024 and 2023. (Round current ratio to 2 decimal places eg. 2.66. Round receivables turnover and inventory turnover to 1 decimal place eg. 6.2. Round collection period and days sales in inventory to O decimal places eg. 1.266. Enter working capital amounts in thousands e.g. 525.) 2024 2023 Working capital Current ratio 1 Receivables turnover times times Collection period days days times times Inventory turnover Days sales in inventory days days Indicate whether each of the liquidity ratios calculated above is better or worse in 2024. Working capital Current ratio Receivables turnover. Collection period Inventory turnover Days sales in inventory Selected comparative financial statement data for Richetti Inc. are shown below. RICHETTI INC. Statement of Financial Position (partial) December 31 (in thousands) 2024 2023 2022 Current assets Cash $30 $91 $60 Trading investments 55 60 40 Accounts receivable, net 671 582 498 Inventory 624 526 581 Prepaid expenses 41 52 29 Total current assets $1,421 $1,311 $1,208 Total current liabilities $882 $826 $756 Additional information: Additional information: (in thousands) 2024 2023 2022 Allowance for expected credit losses $50 $45 $40 Credit sales 4,175 3,901 3,733 Cost of goods sold 2,909 2,645 2,364 Calculate all possible liquidity ratios for 2024 and 2023. (Round current ratio to 2 decimal places eg. 2.66. Round receivables turnover and inventory turnover to 1 decimal place eg. 6.2. Round collection period and days sales in inventory to O decimal places eg. 1.266. Enter working capital amounts in thousands e.g. 525.) 2024 2023 Working capital Current ratio 1 Receivables turnover times times Collection period days days times times Inventory turnover Days sales in inventory days days Indicate whether each of the liquidity ratios calculated above is better or worse in 2024. Working capital Current ratio Receivables turnover. Collection period Inventory turnover Days sales in inventory