Following are the current asset and current liability sections of the balance sheets for Freedom Incorporated at January 31, 2023 and 2022 (in millions): Current Assets Cash Accounts receivable Inventories Total current assets Current Liabilities Note payable Accounts payable Other accrued liabilities. Total current liabilities. January 31, January 31, 2023 2022 $12 8 7 $ 27 $4 4 3 $ 11 11 11 $31 $4 1 3 $8 Required: a. Calculate the working capital and current ratio at each balance sheet date. b. Evaluate the firm's liquidity at each balance sheet date. c. Assume that the firm operated at a loss during the year ended January 31, 2023. How could cash have increased during the year?

From the attached image, which deferred revenue do we need to consider for calculations? I can see two of them one is current and the other one is net of the current portion.

PLEASE DO PART D AND E, THANK YOU.

answer in text form please (without image)

Presented below are data taken from the records of Sheffield Company.     December 31,2020   December 31,2019 Cash   $15,100   $7,900 Current assets other than cash   85,800   59,800 Long-term investments   10,100   53,000 Plant assets   335,200   214,500     $446,200   $335,200           Accumulated depreciation   $20,200   $40,200 Current liabilities   39,600   22,000 Bonds payable   75,800   –0– Common stock   252,800   252,800 Retained earnings   57,800   20,200     $446,200   $335,200 Additional information: 1.   Held-to-maturity debt securities carried at a cost of $42,900 on December 31, 2019, were sold in 2020 for $33,600. The loss (not unusual) was incorrectly charged directly to Retained Earnings. 2.   Plant assets that cost $49,600 and were 80% depreciated were sold during 2020 for $7,900. The loss was incorrectly charged directly to Retained Earnings. 3.   Net income as reported on the…

Presented below are data taken from the records of Wildhorse Company.     December 31,2020   December 31,2019 Cash   $15,200   $8,100 Current assets other than cash   84,700   60,600 Long-term investments   10,000   52,900 Plant assets   332,400   215,200     $442,300   $336,800           Accumulated depreciation   $20,100   $40,100 Current liabilities   39,600   22,100 Bonds payable   74,800   –0– Common stock   254,500   254,500 Retained earnings   53,300   20,100     $442,300   $336,800 Additional information: 1.   Held-to-maturity debt securities carried at a cost of $42,900 on December 31, 2019, were sold in 2020 for $33,600. The loss (not unusual) was incorrectly charged directly to Retained Earnings. 2.   Plant assets that cost $50,500 and were 80% depreciated were sold during 2020 for $8,000. The loss was incorrectly charged directly to Retained Earnings. 3.   Net income as reported on the…

Given the following financial statement information: $ in millions Income Statement Net Income: $559 Depreciation Expense: $55 Balance Sheet Dec. 31, 2022 Accounts Receivable $38 Total Inventory $122 Accounts Payable $79 Calculate the cash from operating activities. Your Answer: Dec. 31, 2023 $64 $152 $108

The current sections of Famous’s statements of financial position at December 31, 2019 and 2020, are presented here. Famous’s net income for 2020 was €147,000. Depreciation expense was €21,000.   2020 2019 Current assets      Prepaid expenses €25,000 €27,000  Inventory 158,000 172,000  Accounts receivable 79,000 110,000  Cash 105,000 99,000   Total current assets €367,000 €408,000 Current liabilities      Accrued expenses payable € 15,000 €  9,000  Accounts payable 85,000 95,000   Total current liabilities €100,000 €104,000 Instructions Prepare the net cash provided by operating activities section of the company’s statement of cash flows for the year ended December 31, 2020, using the indirect method.

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Please calculate the debts to assets ratio for the years 2022 and 2021, also please show your work.