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2019 2018 2019 2018 Liabilities and Owners Equity Current liabilities Accounts payable $ 70,322 $ 88,509 Assets Current asse
a. Current ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. Quick
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Liquidity And Solvency Ratio
Particulars 2018 2019
Current Asset (1) 250925.00 354068
Current Liabities (2) 266942.00 326199
Current Ratio (1/2) 0.94 1.09
Inventories (3) 6530.00 6011
Quick Ratio (1-3/2) 0.92 1.07
Cash and Cash Equivalents (1) 70322.00 88509.00
Current Liabities (2) 266942.00 326199
Cash Ratio (1/2) 26.34% 27.13%
Debt (1) 229000.00 165750
Equity (2) 226000.00 226000.00
Total Asset (3) 909872.00 944146.00
Debt to Equity Ratio (1/2) 1.01 0.73
Equity Multiplier (3/2) 4.03 4.18
Debt to Asset Ratio (1/3) 0.25 0.18

a. 2018 current ratio - 0.94, 2019 current ratio- 1.09

b. 2018 quick ratio - 0.92, 2019 quick ratio - 1.07

c. 2018 cash ratio - 26.34%, 2019 cash ratio - 27.13%.

d. 2018 debt equity ratio - 1.01, 2019 debt equity ratio - 0.73

2018 equity multiplier - 4.03, 2019 equity multiplier - 4.18

e. 2018 total debt ratio - 0.25, 2019 total debt ratio - 0.18.

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