Question
J ok (1-a) Compute the current ratio for each of the three years. (1-b) Did the current ratio improve or worsen over the three-year
J ok (1-a) Compute the current ratio for each of the three years. (1-b) Did the current ratio improve or worsen over the three-year period? (2-a) Compute the acid-test ratio for each of the three years. (2-b) Did the acid-test ratio improve or worsen over the three-year period? Complete this question by entering your answers in the tabs below. nt Required 1A Required 1B Required 2A Required 2B k Compute the acid-test ratio for each of the three years. Acid-test ratio Numerator: Denominator: = Acid-Test Ratio ht Cash + Short-term investments + Current receivables / Current liabilities = Acid-test ratio ] Current Year: $ 35,515 + + = || 0 to 1 nces 1 Year Ago: $ 41,925 + + || = 2 Years Ago: EA $ 44,136 + + = || 0 to 1 0 to 1 < Required 1B Required 2B >
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