b

Problem 3) (25 points) A few liquidity ratios for Bravo Company are shown below. What do these liquidity ratios reveal to you about Bravo Company's liquidity position? (15 points) If they were available to you, what additional ratios would you like to review in order to get a clearer picture of the strength or weakness of the Bravo Company? (10 points) Current ratio Quick Ratio Cash Ratio 2020 3.6 0.9 0.5 2019 3.4 0.8 0.5 2018 3.5 1.0 0.6 2017 3.2 0.9 0.6 2016 2.5 1.0 0.5 Ind. Average 1.8 0.9 0.5