Question: question You know the following items Items Amount 2019 Amount 2020 200.000 600.000 450.000 Cash 100,000 Inventory 500,000 Account 400.000 Receivables Fixed Assets 2.700.000 Sales

question You know the following items Items Amount 2019 Amount 2020 200.000 600.000 450.000 Cash 100,000 Inventory 500,000 Account 400.000 Receivables Fixed Assets 2.700.000 Sales 3,000,000 Account Payables 1,000,000 Long term debt 250,000 Total equity 2.000.000 Net income 100.000 2.900.000 3,100,000 1,000,000 260,000 2,000,000 120.000 Cost of goods sold 1,500,000 1.300.000 The required: Calculate the following ratios: (The formula, your calculation steps, final answer are required) 7 Calculate: Quick ratio for 2019 and 2020, and compare between Quick ratio in 2019 and 2020? Which one is better? And Why? TE 752324&page=1

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