What is the current and quick ratio for the organization? Is the company maintaining a current ratio of at least 2:1 and a quick ratio of at least 1.5:1?

2017 and 2016 Comparative ASSETS 2017 2016 Needed to foot the Cash Flow Statement all the way back to 2017 cash position. Net Income $3,155,848 Depreciation 212,366 Dividends Paid 2,966,412 Tax 225,700 Items 1 to 6. Note the $ value effect on Cash. Did the change in balances from one year to the next create (+) or 'use' (-) cash? Note the accounting or finance issue related to each of the six accounts reviewed. Cash $ $ 33,411 $ $ 16,566 Accounts Receivable S 260,205 $ 318,768 Inventory S 423,819 $ 352,740 71,079 S Other current assets Total Current Assets 41,251 758,686 $ $ 29,912 $ 717,986 $ (11.339) (40,700) $ Plant Property and Equipment 1.512.675 1.403.220 109,455 $ Goodwill and other assets Total Assets $ $ 382,145 2,653,506 412,565 $ 2.533,771 30.420 (119,735) LIABILITIES AND EQUITY Accounts Payable $ 378,236 S 332,004 46,232 Wages Pavable Accrued income taxes Total Current Liabilities 14,487 $ 21,125 $ $ 413,848 7,862 S 16,815 $ $ $ 356,681 $ 6,625 4,310 57,167 Long-Term Debt: Bank Notes $ 679,981 $ 793,515 (113,534) S Total Liabilities Total Common Equity Total Liabilities and Equity 1,093,829 1,559,677 2,653,506 $ $ $ 1,150,196 1,383,575 2.533.771 (56,367) 176,102 119.735 $