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The top part of Ramakrishnan, Inc.'s 2021 and 2020 balance sheets is listed below (in millions of dollars). Current assets: Cash and marketable securities Accounts
The top part of Ramakrishnan, Inc.'s 2021 and 2020 balance sheets is listed below (in millions of dollars). Current assets: Cash and marketable securities Accounts receivable Inventory Total 2021 2020 2021 2020 Current ratio 2021 2020 Quick ratio times times Cash ratio 2021 2020 Calculate Ramakrishnan, Inc.'s current ratio for 2021 and 2020. (Round your answers to 2 decimal places.) times times $ 58 155 218 $431 $ 49 140 199 $388 times times Current liabilities: Accrued wages and taxes Accounts payable Notes payable Total Calculate Ramakrishnan, Inc.'s quick ratio for 2021 and 2020. (Round your answers to 2 decimal places.) 2021 $44 99 64 $207 2020 $ 43 88 56 $187 Calculate Ramakrishnan, Inc.'s cash ratio for 2021 and 2020. (Round your answers to 2 decimal places.)
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