Question: Need help with these 2 problems using the information and chart provided above. I blacked out the questions I do not need. Thank you! Use

Need help with these 2 problems using the information and chart

Need help with these 2 problems using the information and chart provided above. I blacked out the questions I do not need. Thank you!

Use the summarized financial information for The J. Willis Holding Company (JWHC) shown in the table below for problems 1 through 4 . 1. For both years, calculate the current ratio, quick ratio, NWC, and WCR. Interpret the values for the current year. Also, discuss the observed two-year trend in solvency. 3. Suppose that a creditor stipulates that JWHC must maintain a quick ratio of 1.50. Use the values for current liabilities in the current year to calculate the required level of cash holdings and accounts receivable

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