Question: Consider the following data: Requirements 1. Calculate the quick assets and the quick ratio for each company. 2. Calculate the current ratio for each company.

Consider the following data:

Requirements
1. Calculate the quick assets and the quick ratio for each company.
2. Calculate the current ratio for each company.
3. Which of the companies should be concerned about itsliquidity?

COMPANY Cash $95,000 67,000 $20,000 $103,000 30,000 14,000 120,000 13,000 50,000 145,000 325,000 224,000 96,000 368,000 200,000 255,000 60,000 260,000 85,000 53,000 Net Current Receivables..1 Total Current Assets Current Liabilities

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