The 2021 and 2020 Quick ratios are

a. 0.75:1 and 0.43:1

b. 56% and 126%

c. 1.01:1 and 0.99:1

d. 1.8:1 and 2.2:1

Wivenhoe Deli Balance Sheet Cash Marketable securities Net Accounts Receivable Inventory Prepaid expenses Total current assets currennt liabilities Income statements for the years ended 30th June 2021 2020 $ $ 48,000 43,000 13,000 15,800 50,000 60,000 70,000 85,000 9,000 10,000 190,000 213,800 110,000 120,000 Net sales (all credit) Cost of goods sold (cost of sales) 2021 690,000 345,000 Wivenhoe Deli Balance Sheet Cash Marketable securities Net Accounts Receivable Inventory Prepaid expenses Total current assets currennt liabilities Income statements for the years ended 30th June 2021 2020 $ $ 48,000 43,000 13,000 15,800 50,000 60,000 70,000 85,000 9,000 10,000 190,000 213,800 110,000 120,000 Net sales (all credit) Cost of goods sold (cost of sales) 2021 690,000 345,000