Question 1 of 3 < > (Liquidity ratios) The financial data for Alouette Resources Ltd. are...

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Question 1 of 3 < > (Liquidity ratios) The financial data for Alouette Resources Ltd. are as follows (amounts in thousands): 2017 2018 2019 2020 Current assets Cash $251 $150 $267 $336 Accounts receivable 733 1,068 898 901 Inventories 1,176 2,010 2,601 3,510 Prepaid expenses 209 200 272 212 $2,369 $3,428 $4,038 $4,959 Current liabilities Accounts payable $1,210 $1,324 $1,476 $1,769 Accrued salaries 126 199 259 289 Other current liabilities 185 326 352 589 $1,521 $1,849 $2,087 $2,647 Type here to search (a) Calculate the current and quick ratios for 2017 through 2020. (Round answers to 2 Question 1 of 3 < > Accrucu SafariCS 220 207 Other current liabilities 185 326 352 589 $1,521 $1,849 $2,087 $2,647 (a) Calculate the current and quick ratios for 2017 through 2020. (Round answers to 2 decimal places, eg. 1.84.) e here to search Current Ratio 2017 2018 2019 2020 eTextbook and Media Save for Later II Quick Ratio C + 0/8 E Attempts: 1 of 3 used Submit Answer 10C Mostly sunny Question 1 of 3 < > (Liquidity ratios) The financial data for Alouette Resources Ltd. are as follows (amounts in thousands): 2017 2018 2019 2020 Current assets Cash $251 $150 $267 $336 Accounts receivable 733 1,068 898 901 Inventories 1,176 2,010 2,601 3,510 Prepaid expenses 209 200 272 212 $2,369 $3,428 $4,038 $4,959 Current liabilities Accounts payable $1,210 $1,324 $1,476 $1,769 Accrued salaries 126 199 259 289 Other current liabilities 185 326 352 589 $1,521 $1,849 $2,087 $2,647 Type here to search (a) Calculate the current and quick ratios for 2017 through 2020. (Round answers to 2 Question 1 of 3 < > Accrucu SafariCS 220 207 Other current liabilities 185 326 352 589 $1,521 $1,849 $2,087 $2,647 (a) Calculate the current and quick ratios for 2017 through 2020. (Round answers to 2 decimal places, eg. 1.84.) e here to search Current Ratio 2017 2018 2019 2020 eTextbook and Media Save for Later II Quick Ratio C + 0/8 E Attempts: 1 of 3 used Submit Answer 10C Mostly sunny