Calculate the current ratio for Suzannes Hotels for the years given in the following comparative balance sheets:

Calculate the current ratio for Suzanne’s Hotels for the years given in the following comparative balance sheets:

Although two years is not much of a trend, what is your opinion of the direction of thisratio?

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Suzanne's Hotels, Inc. Balance Sheets December 31, 2011 December 31, 2010 Current assets: Cash $98,000 90,000 116,000 160,000 382,000 160,000 542,000 Equipment, net 184,000 $223,000 117,000 340,000 90,000 112,000 Total liabilities ._.... Common stockholders equity .. .. 90,000 165,000 $580,000 Total liabilties and stockholders' equity..