f. Calculate the cash ratio of Starbucks in 2019 and 2020. Use two decimal places in your final answer. Cash ratio in 2019 = Calculation details (recommended): According to this 2019 result, the ability of Starbucks to cover its short-term obligations, using strictly cash, is Onot acceptable Oacceptable Cash ratio in 2020 = Calculation details (recommended): g. Calculate the percent change in the current ratio between the years 2019 and 2020. Use two decimal places. percent change = % Calculation details (recommended):

Cornerstones of Financial Accounting
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ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter8: Current And Contingent Liabilities
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Problem 80BPSB: Ratio Analysis Consider the following information taken from Chicago Water Slides (CWSs) financial...
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Help me with fill in the space with shoes two questions F,g . i don’t need the explanation just the answer, Thank you
f. Calculate the cash ratio of Starbucks in 2019 and 2020. Use two decimal places
in your final answer.
Cash ratio in 2019 =
Calculation details (recommended):
According to this 2019 result, the ability of Starbucks to cover its short-term
obligations, using strictly cash, is
Onot acceptable
Oacceptable
Cash ratio in 2020 =
Calculation details (recommended):
g. Calculate the percent change in the current ratio between the years 2019 and
2020. Use two decimal places.
percent change = %
Calculation details (recommended):
Transcribed Image Text:f. Calculate the cash ratio of Starbucks in 2019 and 2020. Use two decimal places in your final answer. Cash ratio in 2019 = Calculation details (recommended): According to this 2019 result, the ability of Starbucks to cover its short-term obligations, using strictly cash, is Onot acceptable Oacceptable Cash ratio in 2020 = Calculation details (recommended): g. Calculate the percent change in the current ratio between the years 2019 and 2020. Use two decimal places. percent change = % Calculation details (recommended):
Starbucks
2021
2020
2019
$6618000 $4632000 $2750000
Accounts receivable 1133000 1395000 1020000
Inventory
1604000 1550000 1400000
Accounts payable $2356000 $1259000 $3144000
Accrued expenses 1720000 1450000 1545000
Item
Cash
Transcribed Image Text:Starbucks 2021 2020 2019 $6618000 $4632000 $2750000 Accounts receivable 1133000 1395000 1020000 Inventory 1604000 1550000 1400000 Accounts payable $2356000 $1259000 $3144000 Accrued expenses 1720000 1450000 1545000 Item Cash
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