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1. calculate the cash holdings ratio for DEFT records in 20242. calculate the cash holdings...

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Finance

1. calculate the cash holdings ratio for DEFT records in 2024
2. calculate the cash holdings ratio for Q records in 2024.
3. companies in this industry typically have cash holdings ratios between 7% and 9%. Which company's cash holdings ratio are you concerned about?
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DEFT Records and Q Records provide the following selected financial data. Required: 1. Calculate the cash holdings ratio for DEFT Records in 2024. Note: Round your final answer to 1 decimal place. 2. Calculate the cash holdings ratio for Q Records in 2024. Note: Round your final answer to 1 decimal place. 3. Companies in this industry typically have cash holding ratios between 7% and 9%. Which company's cash holdings ratio are yo concerned about

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