Compute Podi's current and quick ratio

Firms utilize a mixture of capital and labor, to produce a given output. Over time, a firm may annals capital assets, as the demand for its output changes (holding the real rental cost of capital constant healthy firms, the level of assets will tend to increase over time. The balance sheet lists its assets in order liquidity (and as you will see later, liabilities are listed in order of maturity). The ease of converting an quicker cash is referred to as its liquidity. For example, a U.S. Treasury Bill can be converted into cash much quicker an electric generator used to produce electricity in a utility power plant. If those two assets were including in the same balance sheet, the Treasury Bill would be listed first, as a current asset. PODI, Inc., a domestic producer of men's dress, casual, and work footwear, recently expended with the purchase of a small manufacturing plant in New Mexico. PODI chose New Mexico to reduce its