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Consider the following data: Click the icon to view the data) Read the requirements Requirement 1. Calculate the quick assets and the quick ratio for

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Consider the following data: Click the icon to view the data) Read the requirements Requirement 1. Calculate the quick assets and the quick ratio for each company (round your final answer to two decimal places) First, compute the quick assets. Select the formula, then enter the amounts to calculate the quick assets for each company. (Abbreviation Quick assets B D Now let's calculate the quick ratio for each company Select the formula then enter the amounts to calculate the quick ratio for each compar Quick ratio A D Requirement 2. Calculate the current ratio for each company (round your final answer to two decimal places) HI Current ratio B 12 C D Requirement 3. Which company should be concerned about its liquidity? should be concerned because they have M available to pay for every $1 owed. - Data table COMPANY A Cash $ LA 90,000 $ Short-term investments 68,000 B. C D 65,000 $ 26,000 $ 104,000 32,000 19.000 48,000 114,000 52,000 138,000 286.000 99,000 333,000 77 000 60,000 360,000 Net receivables 121,000 Total current assets. 329,000 Current liabilities 205,000 Print Done - Data table COMPANY A Cash $ LA 90,000 $ Short-term investments 68,000 B. C D 65,000 $ 26,000 $ 104,000 32,000 19.000 48,000 114,000 52,000 138,000 286.000 99,000 333,000 77 000 60,000 360,000 Net receivables 121,000 Total current assets. 329,000 Current liabilities 205,000 Print Done

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