(Related to Checkpoint 4.1) (Liquidity analysis) The most recent balance sheet of Raconteurs, Inc. (in millions) is found here a. Calculate Raconteurs' current ratio and acid-test (quick) ratio b. Benchmark ratios for the current and acid-test (quick) ratio are 1.46 and 1 24. respectively. What can you say about the liquidity of Raconteur's operations based on these two ratios? a. Calculate Raconteurs' current ratio and acid-test (quick) ratio Raconteurs' current ratio is Round to two decimal places) Raconteurs' acid-test ratio is (Round to two decimal places) b. Benchmark ratios for the current and acid-test (quick) ratio are 146 and 1 24. respectively What can you say about the liquidity of Raconteur's operations based on these two ratios? Select all the correct choices from below) A Raconteurs' acid-test ratio indicates lower liquidity than is current ratio and Ratontour's acid test ratio shows low but when compared against the Industry average Raconteurs acid.test ratio indicates higher liquidity than its current ratio and Raconteur's acid.test ratio shows higher liquidity when compared against the Industry average Click to select your answers) (Related to Checkpoint 4.1) (Liquidity didysis) T H E a. Calculate Raconteurs' current ratio and acid-test (quick) ratio b. Benchmark ratios for the current and acid-test (quick) ratio are 146 and 1 24. respectively. What can you say about the liquidity of Raconteur's operations based these two ratios? Raconteurs acid-test ratio is Round to two decimal places) b. Benchmark ratios for the current and acid.test (quick) ratio are 1.46 and 1.24. respectively What can you say about the liquidity of Raconteurs operations based on these two ratios? (Select all the correct choices from below) uity when compared against the when compared against D B A Raconteurs acid-test ratio indicates lower liquidity than its current ratio and Raconteurs acid-test ratio shows lower industry average Raconteurs' acid-test ratio indicates higher quidity than its current ratio and Raconteurs acid-test ratio shows her industry average C. Based on its current ratio Raconteurs Inc. slightly more liquid man the poor group since its current rat h er Based on its current ratio Raconteurs Inc. is slightless liquid than the per group since its current rates higher ( Lu onteurs' current rati atios for the current Data Table U of Raconteur 1-test ratio is (R atios for the current ios? (Select all the di Current assets Cash and marketable securities Accounts receivable Inventory Total current assets Current liabilities Accrued wages and taxes Accounts payable Notes payable Total current liabilities $9.9 $39.7 560.6 $110.2 of Raconteur's when compared eurs' acid-test ratio ind average Burs' acid-test ratio ind average on its current ratio, RO on its current ratio, Ra $46 $35 4 $30.6 $70 6 ty when compared Done your answer(s) signments (0)
