explain the image the current ratio,quick ratio and cash ratio and give recommendation АCTUALPROJECTEDFOR THE YEAR ENDED 31 DECEMBERFOR THE YEAR ENDED 31 DECEMBER2016201720182019202020212022202320242025LIQUIDITY RATIOSCurrent asset30,368,73537,328,92042.738.20145,619,40244.852.72880,040,55758,928,47546,523,80052.431,91347,037,38846,896,90542,147,324Current Liabilities23,831,41526,946,84034.184.52767.345.32053,300,29260.952,74763,646,99856.435,165CURRENT RATIO1.271.391.250.681.360.890.880.770.660.7938,973,976.9860,952,747Quick Assets24,381,388.3630,493,406.0033,926,027.0035,653,318.0067.345.32071,744,729.0038,761,112.3239,021,418.7234,601,157.2537,344,597.81Current Liabilities23.831.41526,946,84034,184,52758,928,47552.431.91353,300,29263,646,99856,435,165QUICK RATIO1.021.130.990.531.220.740.730.640.540.6623,394,90663,646,998Cash and cash equivalents16,733,34623,831,41521,107,47426,946,84026,639,07960,952,74720.892.02125,735,68256.435,16523,285,91521,361,48624,828,25452.431,91327,592,798Current Liabilities34,184,52767,345,32058.928,47553,300,292CASH RATIO0.700.780.680.310.360.470.520.440.370.46

Ratio analysis is the way of analyzing the financial information based on certain metrics computed…

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Business

Accounting

current ratio,quick ratio and cash ratio and give recommendation

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

explain the image the current ratio,quick ratio and cash ratio and give recommendation

АCTUAL
PROJECTED
FOR THE YEAR ENDED 31 DECEMBER
FOR THE YEAR ENDED 31 DECEMBER
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
LIQUIDITY RATIOS
Current asset
30,368,735
37,328,920
42.738.201
45,619,402
44.852.728
80,040,557
58,928,475
46,523,800
52.431,913
47,037,388
46,896,905
42,147,324
Current Liabilities
23,831,415
26,946,840
34.184.527
67.345.320
53,300,292
60.952,747
63,646,998
56.435,165
CURRENT RATIO
1.27
1.39
1.25
0.68
1.36
0.89
0.88
0.77
0.66
0.79
38,973,976.98
60,952,747
Quick Assets
24,381,388.36
30,493,406.00
33,926,027.00
35,653,318.00
67.345.320
71,744,729.00
38,761,112.32
39,021,418.72
34,601,157.25
37,344,597.81
Current Liabilities
23.831.415
26,946,840
34,184,527
58,928,475
52.431.913
53,300,292
63,646,998
56,435,165
QUICK RATIO
1.02
1.13
0.99
0.53
1.22
0.74
0.73
0.64
0.54
0.66
23,394,906
63,646,998
Cash and cash equivalents
16,733,346
23,831,415
21,107,474
26,946,840
26,639,079
60,952,747
20.892.021
25,735,682
56.435,165
23,285,915
21,361,486
24,828,254
52.431,913
27,592,798
Current Liabilities
34,184,527
67,345,320
58.928,475
53,300,292
CASH RATIO
0.70
0.78
0.68
0.31
0.36
0.47
0.52
0.44
0.37
0.46

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