Please help Liquidity Ratios GER's financial statements contain the following information: Cash Accounts...
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Liquidity Ratios GER's financial statements contain the following information: Cash Accounts receivable Inventory Marketable securities Accounts payable Accrued expenses Long-term debt Required: $3,125,000 3,150,000 4,200,000 1,850,000 $3,500,000 1,800,000 10,000,000 Round answers to two decimal places. 1. What is the current ratio? 0.81 2. What is the quick ratio? 3. What is the cash ratio? 4. Using the ratios computed above, answer the following regarding GER's liquidity. GER's current ratio depends on how liquid GER'S are. If the is slow moving, then the quick ratio may
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