Laiho Industries's 2020 and 2021 balance sheets (in thousands of dollars) are shown. ...

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Accounting

Laiho Industries's 2020 and 2021 balance sheets (in thousands of dollars) are shown.
Laiho Industries: Balance Sheets as of December 31(thousands of dollars)
20212020
Cash $ 110,031 $ 91,245
Accounts receivable 101,35984,878
Inventories 39,41836,255
Total current assets $ 250,808 $ 212,378
Net fixed assets 65,56440,480
Total assets $ 316,372 $ 252,858
Accounts payable $ 29,580 $ 21,680
Accruals 28,22020,687
Notes payable 16,56114,101
Total current liabilities $ 74,361 $ 56,468
Long-term debt 78,11065,810
Total liabilities $ 152,471 $ 122,278
Common stock 106,50094,000
Retained earnings 57,40136,580
Total common equity $ 163,901 $ 130,580
Total liabilities and equity $ 316,372 $ 252,858
The data has been collected in the Microsoft Excel file below. Download the spreadsheet and perform the required analysis to answer the questions below. Do not round intermediate calculations. Enter your answers in thousands. For example, an answer of $1 thousand should be entered as 1, not 1,000. Round your answers to the nearest whole number. Use a minus sign to enter negative values, if any.

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