Question: Please format answers in an excel worksheet or make it in an excel worksheet format so that I can follow the example. Thank you so

Please format answers in an excel worksheet or make it in an excel worksheet format so that I can follow the example. Thank you so much.

Liquidity ratios: Explain why the quick ratio or acid-test ratio is a better measure of a firm's liquidity than the current ratio.

[EXCEL] Liquidity ratios: Flying Penguins Corp. has total current assets of $11,845,175, current liabilities of $5,311,020, and a quick ratio of 0.89. How much inventory does it have?

[EXCEL] Efficiency ratio: If Newton Manufacturers has an accounts receivable turnover of 4.8 times and net sales of $7,812,379, what would its receivables be?

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