Working Capital Current Ratio Quick Ratio / Acid Test Ratio Cash Ratio 2019 48, 250,000 1.69 1.35 0.66 2020 62, 204, 000 1.80 1.48 1.49 2021 63, 142, 000 1.85 1.43 1.39
Working Capital Current Ratio Quick Ratio / Acid Test Ratio Cash Ratio 2019 48, 250,000 1.69 1.35 0.66 2020 62, 204, 000 1.80 1.48 1.49 2021 63, 142, 000 1.85 1.43 1.39
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 9.3.1P: Effect of transactions on current position analysis Data pertaining to the current position of...
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PLS I NEED NEW ANSWER. DO NOT COPY FROM THE NET
First Philippine Holdings Corporation Liquidity Ratio
1. Discussion and analysis of Liquidity Ratio.
2. Overview of the business performance over the past three years and discussion of the analysis of liquidity.
![Working Capital
Current Ratio
Quick Ratio / Acid Test
Ratio
Cash Ratio
2019
48, 250,000
1.69
1.35
0.66
2020
62, 204,000
1.80
1.48
1.49
2021
63, 142, 000
1.85
1.43
1.39
5](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F94519a40-e312-41b7-b285-e2de4f9c0715%2Fe36a8c0f-9852-4478-aa39-7eef0f1991fe%2Fhyyosvy_processed.png&w=3840&q=75)
Transcribed Image Text:Working Capital
Current Ratio
Quick Ratio / Acid Test
Ratio
Cash Ratio
2019
48, 250,000
1.69
1.35
0.66
2020
62, 204,000
1.80
1.48
1.49
2021
63, 142, 000
1.85
1.43
1.39
5
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