Question: E 4 . 1 A restaurant reported the following current assets: cash $ 1 1 , 2 0 0 , credit card receivables $ 8
E A restaurant reported the following current assets: cash $ credit
card receivables $ accounts receivable $ food inventory $
and prepaid expenses, $ Current liabilities total $ Answer the
following:
a Calculate the current ratio.
b Calculate the quick ratio acid test ratio
E Referring to information in P calculate working capital and describe
what it means.E Based on the following, determine the average check per guest.
E Based on the following, determine the average cost of sales revenue per guest.E Complete a commonsize vertical analysis of the following condensed in
come statement.
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