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financial statements of Green Mountain Ltd. 2018 2017 Cash at bank $145,000 $169,000 Marketable securities 330,000 301,000 Accounts receivable 385,000 362,000 Inventory 880,000 902,000 Prepaid

financial statements of Green Mountain Ltd.

2018 2017
Cash at bank $145,000 $169,000
Marketable securities 330,000 301,000
Accounts receivable 385,000 362,000
Inventory 880,000 902,000
Prepaid expenses 29,000 73,000
Plant and equipment 1,550,000 1,600,000
Accounts payable 854,000 836,500
Bills payable 48,000 53,000
Accrued expenses 5,900 2,800

with the above figures, calculated the following

1. The Current ratio for 2017 and 2018 ?

2. The Quick ratio for 2017 and 2018

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