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Part of your job is to review customer requests for credit. You have three new credit applications on your desk and part of your analysis
Part of your job is to review customer requests for credit. You have three new credit applications on your desk and part of your analysis requires that the current ratios and quick ratios be compared. a. Complete the following schedule. (Round the final answers to 2 decimal places.) Account Cash Current non-strategic investments Current receivables Inventory Prepaid expenses Land Current liabilities Current ratio Quick ratio > Answer is complete but not entirely correct. $ 3,840 $ 0 69 69 69 69 69 Kasta $ 4,120 2,360 740 6,700 $ 3,970 2.79 $ 2.19 X 1 S 1,860 0 69 69 69 69 $ $ 69 69 Nasta S 1,420 1,760 940 5,980 2,300 2.60 > 1.83 x J' Dusta $ 2,890 $ 820 $ 600 $ 11,590 $ 2,450 $ 28,100 $ 9,100 1.92 x 0.65 x 1
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