Balance Sheet
Balance Sheet as of:
	Dec-31-2018	Dec-31-2019
Currency	Million USD	Million USD
ASSETS
Cash and Equivalents	47.0	37.0
Total Cash & ST Investments	47.0	37.0
Accounts Receivable	28.0	-
Other Receivables	-	-
Total Receivables	28.0	-
Inventory	37.0	40.0
Total Current Assets	112.0	77.0
LIABILITIES
Accounts Payable	85.0	77.0
Accrued Exp.	23.0	27.0
Current Portion of LT Debt	3.5	4.2
Current Portion of Leases	1.2	1.5
Total Current Liabilities	112.7	109.7
Compute this company's current ratio, quick ratio and cash ratio in2018 and 2019. Just do the calculation and keep the answers to two decimal points; there is no need to discuss anything. (12 points)
(2 points per answer)
	2018	2019
Current Ratio
Quick Ratio
Cash Ratio