The Top Part of Ramakrishnan

Answer of The top part of Ramakrishnan for $5

The top part of Ramakrishnan, Inc.’s 2018 and 2017 balance sheets is listed below (in millions of dollars).

 20182017 20182017
Current assets:  Current liabilities:  
Cash and marketable securities $  54 $  45Accrued wages and taxes $  42 $  41
Accounts receivable  153 $138Accounts payable    97    86
Inventory  216 $197Notes payable    66   58
Total $423 $380Total $205 $185

Calculate Ramakrishnan, Inc.’s current ratio for 2018 and 2017. (Round your answers to 2 decimal places.)

Calculate Ramakrishnan, Inc.’s quick ratio for 2018 and 2017. (Round your answers to 2 decimal places.)

Calculate Ramakrishnan, Inc.’s cash ratio for 2018 and 2017. (Round your answers to 2 decimal places.)

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