Question: The current ratio has been given to me- I need help to know why the outcome is unfavorable, and if the outcome for the quick

The current ratio has been given to me- I need help

The current ratio has been given to me- I need help to know why the outcome is unfavorable, and if the outcome for the quick ratio (current and prior year, as well as industry) is favorable or unfavorable

Current Ratio 1 2.25 2.05 1,458,076 709,775 Current Assets Current Liabilities 2.10 1,574,722 766,557 2.10 1,763,689 858,544 Prior Year - Unfavorable Industry - Unfavorble 2 1.39 1.20 Quick Ratio Cash Accounts Receivable, net Investments - Equity Trading (Temporary) Total Current Liabilities 1.39 334,504.00 533,086.00 120,000.00 709,775.00 1.39 404,616.04 644,820.83 145,152.00 858,543.84 Current Year - Prior Year - Industry - 361,264.32 575,732.88 129,600.00 766,557.00

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