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SolarTech Solutions reports the following financial information for the fiscal year ending December 31, 20X8: Current Assets: $150 million Current Liabilities: $50 million Cash: $30

SolarTech Solutions reports the following financial information for the fiscal year ending December 31, 20X8:

  • Current Assets: $150 million
  • Current Liabilities: $50 million
  • Cash: $30 million
  • Accounts Receivable: $70 million
  • Inventory: $25 million
  • Short-term Investments: $15 million
  • Current Debt: $40 million
  • Marketable Securities: $35 million

Calculate the liquidity ratios for SolarTech Solutions and provide an analysis of the company's ability to meet its short-term obligations.

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