Question: you can do the previous question something like that. help me please Quick Ratio Based on the above, the quick ratio of 0.73 in 2021

 you can do the previous question something like that. help me

you can do the previous question something like that. help me please

Quick Ratio Based on the above, the quick ratio of 0.73 in 2021 is marginally higher than the quick ratio of 0.70 in 2020 and essentially the same as the quick ratio of 0.72 in 2019 . The company has successfully stabilized the quick ratio by managing its inventory such that inventory and therefore current assets move in tandem with current liabilities. Like the current ratio, the desirable level for this ratio depends on the type of industry. The rule of thumb for this ratio is that it should be approximately 1.0 or more, but industries without accounts receivable may have a very low quick ratio

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