Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
(You must use Excel to produce the income statement and balance sheet with appropriate ratios.for my financial report.
(You must use Excel to produce the income statement and balance sheet with appropriate ratios.for my financial report.please help me with excel..A commonly used short-term liquidity measure that is of great importance to creditors as it discloses a company’s ability to repay its debt whenever they fall due for payment. The financials of our (Lemonade) company show a positive performance as there was a 51.2% increase in Current ratio between Season 1 and Season 2 from 5.02 to 7.59. This is due to a 128.97% ($239.75) increase in cash balance from $ 185.90 in Season 1 to $425.65 recorded in Season 2. By implication, the Lemonade business has more current asset (most especially cash) to cover and finance its liabilities when creditors request payment of their debt/liability.