80.2K

Verified Solution

Question

Accounting

RATIOS

2019

2018

2017

Liquidity Ratios

Current ratio (Current asset/current liabilities)

0.853

0.898

0.907

Acid Test Ratio (Curr. asset - Inventory)/ Curr. liab

0.588

0.647

0.607

Cash ratio: Cash and Cash equivalents / Current Liabilities

0.056

0.171

0.190

What does the about ratio say about the company

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students