Question: Requirements - Data Table - X 20 th Cash $ Compute the following ratios for 2024 and 2023, and evaluate the company's ability to pay
Requirements - Data Table - X 20 th Cash $ Compute the following ratios for 2024 and 2023, and evaluate the company's ability to pay its current liabilities and total liabilities a. Current ratio d. Debt ratio b. Cash ratio e. Debt to equity ratio c. Acid-test ratio 2024 2023 54,000 $ 52,000 29,000 0 128,000 120,000 292,000 207.000 540,000 535,000 Print Done Short-term Investments Net Accounts Receivables Merchandise Inventory Total Assets Total Current Liabilities Long-term Notes Payable Income from Operations Interest Expense 202.000 285,000 48.000 185,000 54,000 148.000 33,000 50,000 Print Done i Click Check
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