Question

Consider the following information taken from Chicago Water Slide’s (CWS’s) financial statements:
Also, Chicago Water Slide’s Operating Cash Flows were $25,658 and $29,748 in 2011 and 2010, respectively.

Required:
1. Calculate CWS’s current ratio for 2011 and 2010.
2. Calculate CWS’s quick ratio for 2011 and 2010.
3. Calculate CWS’s cash ratio for 2011 and 2010.
4. Calculate CWS’s operating cash flow ratio for 2011 and 2010.
5. Provide some reasons why CWS’s liquidity may be considered to be improving and some reasons why it may be worsening.


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  • CreatedSeptember 22, 2015
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