is this a table - s this a table - Current Ratio The Current Ratio is calculated by dividing total current assets by total current liabilities. It measures a company's ability to cover its short-term obligations with its short-term assets. Current Ratio=Total Current AssetsTotal Current Liabilities Current Ratio=Total Current LiabilitiesTotal Current Assets 2023 Current Ratio: 528,251351,2931.50 351,293528,2511.50 2022 Current Ratio: 470,548373,2891.26 373,289470,5481.26 2. Quick Ratio The Quick Ratio (or acid-test ratio) is more stringent, as it excludes inventory from current assets. It considers only the most liquid assets: cash and equivalents, accounts receivable, and other current assets. Quick Ratio=Cash and Cash Equivalents + Accounts Receivable + Prepaid and Other Current AssetsTotal Current Liabilities Quick Ratio=Total Current LiabilitiesCash and Cash Equivalents + Accounts Receivable + Prepaid and Other Current Assets 2023 Quick Assets: 223,098+2,394+45,260=270,752223,098+2,394+45,260=270,752 2023 Quick Ratio: 270,752351,2930.77 351,293270,7520.77 2022 Quick Assets: 145,181+1,734+29,868=176,783145,181+1,734+29,868=176,783 2022 Quick Ratio: 176,783373,2890.47 373,289176,7830.47