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Current ratios Explain the the ratios in 2021 Explain the change in ratios from 2019 to 2020 and from 2020 to 2021 Explain what causes

Current ratios

Explain the the ratios in 2021

Explain the change in ratios from 2019 to 2020 and from 2020 to 2021

Explain what causes the ratio to increase or decrease?

image text in transcribed

Financial ratios 2021 2020 2019 2018 2017 2016 short-term solvency ratios or Liquidity ratios Current ratio Quick ratio Cash ratio 1.0022 0.5193 0.3824 1.1319 0.6391 0.4942 1.0107 1.0182 0.9898 0.9771 0.5203 0.4642 0.4277 0.4012 0.3608 0.3039 0.2598 0.2170

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