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Balance Sheet Calculate the following (please show your calculations): Current ratio for 2017 and 2018. (4 Points) Total Current Assets Total Current Liabilities Acid Test
Balance Sheet
Calculate the following (please show your calculations):
- Current ratio for 2017 and 2018. (4 Points)
Total Current Assets
Total Current Liabilities
- Acid Test or Quick ratio for 2017 and 2018. (4 Points)
Cash + Accounts Receivables + Marketable Securities
Total Current Liabilities
- Debt to Asset Ratio for 2017 and 2018. (4 Points)
Total Liabilities X 100
Total Assets
- Debt to Equity Ratio for 2017 and 2018.
Total Liabilities X 100
Total Owners Equity
- Based upon the Current Ratio, how would creditors or lenders feel about the liquidity of the business? Why?
- Based upon the Current Ratio, how would owners feel about the liquidity of the business? Why?
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