Selected comparative financial statement data for Springfield Inc. are shown below.

Calculate all possible liquidity ratios for 2021 and 2020. (Round current ratio to 2 decimal places e.g. 2.66. Round receivables turnover and inventory turnover to 1 decimal place e.g. 6.2. Round collection period and days sales in inventory to 0 decimal places e.g. 1,266. Enter working capital amounts in thousands e.g. 525.)

PROVIDE ANSWERS TO THOSE FIELD IN RED HIGHLIGHTS. PLEASE PROVIDE SOLUTION

SPRINGFIELD INC. Statement of Financial Position (partial) December 31 (in thousands) 2021 2020 2019 Current assets Cash $ 30 $ 92 $ 60 Trading investments 55 60 40 Accounts receivable, net 677 584 500 Inventory 628 526 571 Prepaid expenses 41 52 29 Total current assets $ 1,431 $ 1,314 $ 1,200 Total current liabilities $ 886 $ 828 $ 743 Additional information: (in thousands) 2021 2020 2019 Allowance for doubtful accounts $ 50 $ 45 $ 40 Credit sales 4,220 3,975 3,697 Cost of goods sold 2,896 2,664 2,357 2021 2020 Working capital $ 545 $ 486 Current ratio 1.62 :1 1.59 :1 Receivables turnover 6.7 times 7.3 times Collection period 55 days . 50 days Inventory turnover 5.0 times 4.9 times Days sales in inventory 73 days 74 days