Essay On Stingray Inc. Ratio

Essay About Stingray Inc. Ratio And Current Assets
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Stingray Inc. Ratio’s StingRay Inc. Ratio’sCurrent Ration = Current Assets / Current Liabilities $184,000.00 / $286,000.00 = 0.64:1For every dollar of current liabilities, StingRay Inc. has 64 cents of current assets. Quick Ratio = Current Assets – Inventory / Current Liabilities $184,000.00 – $10,000.00 – $6,000.00 – $8,000.00 / $286,000.00 = 0.56:1The quick ratio shows.

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