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Using the financial information in the following tables, compute the required ratios for AJ Ltd

ABC COMPANY
BALANCE SHEET
AS OF DECEMBER 31, 2018
ASSETS	2018	2017	2016
Current assets
Cash	$501,992	$434,215	$375,141
Accounts receivable	335,272	302,514	241,764
Inventory	515,174	505,321	310,885
Prepaid expenses	251,874	231,100	136,388
Total current assets	$1,604,312	$1,473,150	$1,064,178
Property, plant, and equipment	765,215	735,531	705,132
Accumulated depreciation	-218,284	-196,842	-175,400
TOTAL ASSETS	$2,151,243	$2,011,839	$1,593,910
LIABILITIES
Current liabilities
Accounts payable	$248,494	$366,864	$322,156
Accrued liabilities	122,192	216,533	215,474
Income taxes payable	10,645	25,698	22,349
Current portion of long-term debt	42,200	42,200	42,200
Total current liabilities	$423,531	$651,295	$602,179
Long-term liabilities
Long-term debt	425,311	400,311	375,100
TOTAL LIABILITIES	$848,842	$1,051,606	$977,279
STOCKHOLDERS EQUITY
Common stock	$370,124	$356,758	$320,841
Additional paid-in capital	29,546	24,881	21,910
Retained earnings	902,731	578,594	273,880
Total stockholders equity	$1,302,401	$960,233	$616,631

LIQUIDITY RATIOS:	12/31/2018	12/31/2017	Change	% Change
Current ratio
Current assets/Current liabilities
Quick ratio
(Current assets Inventory)/Current liabilities

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