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help please, I need req 2A Problem 8-9A (Algo) Calculate and analyze ratios (LO8-6) Selected financial data regarding current assets and current liabilities for ACME
help please, I need req 2A
Problem 8-9A (Algo) Calculate and analyze ratios (LO8-6) Selected financial data regarding current assets and current liabilities for ACME Corporation and Wayne Enterprises, are as follows: Required: 1.a. Calculate the current ratio for ACVE Corporation and Wayne Enterprises. 1.b. Which company has the more favorable ratio? 2-a. Calculate the acid-test (quick) ratio for ACME Corporation and Wayne Enterprises. 2-b. Which company has the more favorable ratio? Complete this question by entering your answers in the tabs below. Calculate the acis-test (DJick) ratio for ACME Corporation and Wayne Enterprises. (Enter your answers in millions. For example, 55,579, 090 shoult be entered as 5.5. ) Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Calculate the acid-test (quick) ratio for ACME Corporation and Wayne Enterprises. (Enter your answers in millions. For example, $5,500,000 should be entered as 5.5.)
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