Question: please type out answer, point out and explain any differences with reference to the lines of business of the two firms Calculate the Current Ratio
Calculate the Current Ratio and Quick Ratio for McDonald's Corporation (MCD) and Birks Group Inc. (BGI). You can find the necessary data on Yahoo Finance. Type the respective tickers into the symbol search box and then click on the financials tab and within that, the balance sheet tab, to access the relevant data. Use data as of 12/31/2021 for MCD and as of 3/31/2022 for BGI. For the purpose of analysis and argument, you may assume that the data for both companies is from the same period. After calculating the two ratios for the two companies, comment on what you observe. In particular, point out and explain any differences, with reference to the lines of business of the two firms. Calculate the Current Ratio and Quick Ratio for McDonald's Corporation (MCD) and Birks Group Inc. (BGI). You can find the necessary data on Yahoo Finance. Type the respective tickers into the symbol search box and then click on the financials tab and within that, the balance sheet tab, to access the relevant data. Use data as of 12/31/2021 for MCD and as of 3/31/2022 for BGI. For the purpose of analysis and argument, you may assume that the data for both companies is from the same period. After calculating the two ratios for the two companies, comment on what you observe. In particular, point out and explain any differences, with reference to the lines of business of the two firms
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