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calculate the current ratio and quick ratio for Oriole Ltd. for the current and preceding years. Please and thank you The following amounts were reported

calculate the current ratio and quick ratio for Oriole Ltd. for the current and preceding years.

Please and thank youimage text in transcribed

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The following amounts were reported by Oriole Ltd. in its most recent statement of financial position: The company had sales of $853,776 in 2024 and $593,145 in 2023 . All sales were on account. x Your answer is incorrect. Calculate the current ratio and quick ratio for Oriole Ltd. for the current and preceding years. (Round ratios to 2 decimal places, e.g. 15.25.)

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