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Problem 3-2 Liquidity Ratios (LG3-1) The top part of Ramakrishnan, Inc.'s 2021 and 2020 balance sheets is listed below (in millions of dollars). 2021 2020
Problem 3-2 Liquidity Ratios (LG3-1) The top part of Ramakrishnan, Inc.'s 2021 and 2020 balance sheets is listed below (in millions of dollars). 2021 2020 2021 2020 Current liabilities: Current assets: Cash and marketable securities Accounts receivable Inventory Total curities $1998 $138 Accounts waagab aed $ 48 150 213 $411 $ 39 135 194 $368 Accounts payable Notes payable Total $ 39 $ 38 9483 6961 $202 $182 Calculate Ramakrishnan, Inc.'s current ratio for 2021 and 2020. (Round your answers to 2 decimal places.) Current ratio times 2021 2020 times Calculate Ramakrishnan, Inc.'s quick ratio for 2021 and 2020. (Round your answers to 2 decimal places.) Quick ratio times 2021 2020 times Calculate Ramakrishnan, Inc.'s cash ratio for 2021 and 2020. (Round your answers to 2 decimal places.) Cash ratio times 2021 2020 times
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