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Wicked Wild Company wants to invest some of its excess cash in trading securities and is considering two investments, The Water Company (WC) and Very
Wicked Wild Company wants to invest some of its excess cash in trading securities and is considering two investments, The Water Company (WC) and Very Life Vests (VLV). The income statement, balance sheet, and other data for bot companies follow for 2025 and 2024, as well as selected data for 2023: a. Current ratio Begin by selecting the correct formula. Now, compute the ratio for both companies for both years. (Round your answers to two decimal places, X.XX.) Ratio Year wc VLV Current 2025 I Current 2024 [1. Cash ratio Begin by selecting the correct formula. Cash ratio = New, compute the ratio for both companies for both years. (Round your answers to two decimal places, X.XX.) Ratio Year WC VLV Cash 2025 Cash 2024 I o. Inventory turnover Begin by selecting the correct formula Inventory turnover = Now, compute the ratio for both companies for both years. (Round your answers to two decimal places, X.XX.) Ratio Year wc VLV Inventory tu mover 2025 I Inventory turnover 2024 i
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