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Please do it by type not pics. 1. The top part of Ramakrishnan, Inc.’s 2018 and...

Please do it by type not pics.

1.

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

2018 2017 2018 2017
Current assets: Current liabilities:
Cash and marketable securities $ 58 $ 49 Accrued wages and taxes $ 44 $ 43
Accounts receivable 155 140 Accounts payable 99 88
Inventory 218 199 Notes payable 64 56
Total $ 431 $ 388 Total $ 207 $ 187

Calculate Ramakrishnan, Inc.’s current ratio for 2018 and 2017.

2017= times.

2018= times.

Calculate Ramakrishnan, Inc.’s quick ratio for 2018 and 2017.

2017= times.

2018= times.

Calculate Ramakrishnan, Inc.’s cash ratio for 2018 and 2017.

2017= times.

2018= times.

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