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Show your work! Explain what EACH ratio means and what your assessment is comparing the changes from year to year. Current Ratio: Calculate the Current

Show your work! Explain what EACH ratio means and what your assessment is comparing the changes from year to year.

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  1. Current Ratio:
    1. Calculate the Current Ratio for each year
    2. What does this ratio mean?
    3. When comparing year over year, what is your assessment?
  2. Quick Ratio:
    1. Calculate the Quick Ratio for each year
    2. What does this ratio mean?
    3. When comparing year over year, what is your assessment?

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