Problem $3-2$ Liquidity Ratios $($LG$3-1)$

The top part of Ramakrishnan, Inc.$$s $2021$ and $2020$ balance sheets is listed below $($in millions of dollars$).$

$2021202020212020$

Current assets: Current liabilities:

Cash and marketable securities $ $66$ $ $57$ Accrued wages and taxes $ $48$ $ $47$

Accounts receivable $159144$ Accounts payable $10392$

Inventory $222203$ Notes payable $6052$

Total $ $447$ $ $404$ Total $ $211$ $ $191$

Calculate Ramakrishnan, Inc.$$s current ratio for $2021$ and $2020.($Round your answers to $2$ decimal places.$)$

Calculate Ramakrishnan, Inc.$$s quick ratio for $2021$ and $2020.($Round your answers to $2$ decimal places.$)$

Calculate Ramakrishnan, Inc.$$s cash ratio for $2021$ and $2020.($Round your answers to $2$ decimal places.$)$