Question: Compare January 31,2022 quick and current ratio.. begin{tabular}{cccc} Date & Current Assets - Inventory & Current Liabilities & Quick Ratio hline 20220430 & $21.99B
Compare January 31,2022 quick and current ratio..


\begin{tabular}{cccc} Date & Current Assets - Inventory & Current Liabilities & Quick Ratio \\ \hline 20220430 & $21.99B & $96.53B & 0.23 \\ \hline 20220131 & $24.56B & $87.38B & 0.28 \end{tabular} a. Describe liquidity. Why is it important? b. Compute the current ratio of the company for the years reported in the financial statements. Then compute the quick ratio and explain the difference between the two ratios. Which is a better measure of liquidity? How does the current ratio compare to the industry average
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