Explain and Give recommendation and lesson learned
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Explain and Give recommendation and lesson learned
Transcribed Image Text:LIQUIDITY RATIOS
Current asset
Current Liabilities
CURRENT RATIO
Quick Assets
Current Liabilities
QUICK RATIO
Cash and cash equivalents
Current Liabilities
CASH RATIO
2016
45,453
39,868
1.14
43,942.00
39,868
1.10
10,476
39,868
0.26
2017
55,657
55,594
1.00
54,920.00
55,594
0.99
18,767
55,594
0.34
2018
57,490
45,524
1.26
56,685.00
45,524
1.25
23,727
45,524
0.52
2019
56,796
51,010
1.11
55,720.00
51,010
1.09
20,491
51,010
0.40
2020
72,440
42,845
1.69
71,962.00
42,845
1.68
43,497
42,845
1.02
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