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 invost short-torm investments.) Total current assets. Quick assets + Now let's calculate the quick ratio for each company. Select the formula, then enter the amounts to calculate the quick ratio for each company (Round the current ratios to two decimal places, X.XX.) Quick ratio Requirement 2. Calculate the current ratio for each company (round your final answer to two decimal places) Total current assetsCurrent liabilities current ratio Requirement 3. Which of the companies should be concemed about its liquidity? should be concerned because they have available to pay for every $1 owed. Time Remaining: 02:12: 3 - CH 7 thru 9 28 of 35 (32 complete) This Test g data: view the data.) nts. Data Table COMPANY Cash Short-tem investments.... 75,000 28,00018,000 54,000 ..123,000 110,000 47,000 140,000 330,000 274,000 174,000 347,000 205,00097,000 45,000 370,000 tal Total current assets. Current liabilities Requirements ich of Calculate the quick assets and the quick ratio for each company (round your final answer to two decimal places). Calculate the current ratio for each company (round your final answer to two decimal places) 1. 2. t or 3. Which of the companies should be concerned about ts liquidity? 5,851 MAR 13