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The current ratio tells you the liquidity of a company based on assets that are readily available to be converted to cash in relation to the liabilities owed within the year. Abigail Kilgore Current Ratio = current assets / current liabilities Quick Ratio = quick assets / current liabilities Quick assets = 8249 – 730 … Read more

Analyze the financial statements for Signet Jewelry Rebecca Cline Continue to analyze the financial statements for Signet Jewelry for this week’s discussion. Current ratio 2020 = 1.91 Quick ratio 2020 = .50 Current ratio 2019 = 2.76 Quick ration 2019 = .45 IBISWorld Current Ratio 2020 = 1.6 IBISWorld Current Ratio 2019 = 1.6 IBISWorld … Read more

Calculate the current ratio and quick ratio for the latest two years Prior to beginning work on this discussion forum, read Chapter 9 in the course textbook, Using Financial Accounting Information: The Alternative to Debits and Credits. Using the same company and annual reports that you chose for your Week 1 – Discussion Forum, Reading … Read more

A city’s administration isn’t driven by the goal of maximizing revenues or profits but instead looks at improving the quality of life of its residents. Scenario: A city’s administration isn’t driven by the goal of maximizing revenues or profits but instead looks at improving the quality of life of its residents. Many American cities are … Read more

Calculate the debt-to-equity ratio and times interest earned ratio for the company for the latest two years. Prior to beginning work on this discussion forum, read Chapter 10 in the course textbook, Using Financial Accounting Information: The Alternative to Debits and Credits. Using the same company and annual reports that you chose for your Week … Read more