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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
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 used: ST invest short- term investments.) ABCD + + + + " + Quick assets following data: e icon to view the e bments. Data table - X COMPANY A B C D Cash. $ 91,000 $ 67,000 $ 24,000 $ 109,000 Short-term investments. 74,000 32,000 16,000 1. Calculate th Net receivables 134,000 113,000 48,000 51,000 142,000 the quick asse ts.) used: ST invest= Total current assets 334,000 284,000 171,000 325,000 Current liabilities. 201,000 97,000 50,000 370,000 Print Done der the following data: lick the icon to view the e requirements. Requirements Requirements ment 1. Calculate the mpute the quick assets stments.) 1. Calculate the quick assets and the quick ratio for each company (round your final answer to two decimal places). 2. Calculate the current ratio for each company (round your final answer to two decimal places). 3. Which company should be concerned about its liquidity? Print Done - X on used: ST inv
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