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The top part of Ramakrishnan, Inc.'s 2021 and 2020 balance sheets is listed below (in millions of dollars). 2021 2020 2021 2020 Current assets: Cash
The top part of Ramakrishnan, Inc.'s 2021 and 2020 balance sheets is listed below (in millions of dollars). 2021 2020 2021 2020 Current assets: Cash and marketable securities Accounts receivable Inventory Total S 64 158 221 $ 443 S 55 143 202 $400 Current liabilities: Accrued wages and taxes Accounts payable Notes payable Total $ 47 102 61 $ 210 S 46 91 53 $190 Calculate Ramakrishnan, Inc.'s current ratio for 2021 and 2020. (Round your answers to 2 decimal places.) 2021 2020 Current ratio 2.05 times 2.04 times Calculate Ramakrishnan, Inc.'s quick ratio for 2021 and 2020. (Round your answers to 2 decimal places.) 2021 2020 Quick ratio 1.00 times 0.98 times Calculate Ramakrishnan, Inc.'s quick ratio for 2021 and 2020. (Round your answers to 2 decimal places.) 2021 2020 Quick ratio 1.00 times 0.98 times Calculate Ramakrishnan, Inc.'s cash ratio for 2021 and 2020. (Round your answers to 2 decimal places.) 2021 2020 Cash ratio 0.25 times 0.22 times
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