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Use the cash to current assets ratio to measure the degree of current asset liquidity...

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Accounting

Use the cash to current assets ratio to measure the degree of current asset liquidity of Laughlin and Deganes Ltd for the year 2019.
Accounts data provided for the year 2019
Cash and cash equivalents $120
000 Marketable securities $240000
Accounts receivables $2800
00
Inventory
$275000
Payables
$410000
Interest
payable $25000
Current lease liability 80
000 Shareholders' equity $2000000
Bonds payable
800000
Prepaid
expenses $20000
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