Cash 64,713+ Receivables 30,401 = 95,114. Current Liabilities 51,593.75. That gives a Quick Ratio of 1.84....

 

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Cash 64,713+ Receivables 30,401 = 95,114. Current Liabilities 51,593.75. That gives a Quick Ratio of 1.84. Return on Sales: 83,642.39 / Revenues 370,875.00 = 23 ROE : Net Income 83,642.39 / Equity 93,642.39 = .89 Could you make specific recommendations on how Peyton could improve their Quick Ratio and ROE, which have gotten worse is the last couple of years? E.G. price increase, find ways to reduce costs without sacrificing quality, etc. Cash 64,713+ Receivables 30,401 = 95,114. Current Liabilities 51,593.75. That gives a Quick Ratio of 1.84. Return on Sales: 83,642.39 / Revenues 370,875.00 = 23 ROE : Net Income 83,642.39 / Equity 93,642.39 = .89 Could you make specific recommendations on how Peyton could improve their Quick Ratio and ROE, which have gotten worse is the last couple of years? E.G. price increase, find ways to reduce costs without sacrificing quality, etc.

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Quick ratio The companys quick ratio is 184 times which means that the companies quick assets are mo... View the full answer