QWC 2016 $000 2017 $000 2018 $000 2019  $000 2020 $000 2021 $000 Current ratio 0.66  0.58 0.96   0.92     1.06 0.83   Quick ratio 0.43   0.37 0.58  0.53 0.49 0.57 Operating cash flow ratio 0.10  0.01 0.01  0.00   0.02 0.07                               MMC  Current ratio   2.37 2.23 2.07 1.89 2.74 2.16 Quick ratio 0.93  0.95 0.81 0.80 1.36 1.01 Operating cash flow ratio 1.02 0.72 0.96 0.47 0.32 0.52 Please interpret the ratio for both the companies. Not required to explain the theory just interpret the values for the following: 1) Current Ratio  2) Quick Ratio 3) Operating cash flow ratio

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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QWC

2016

$000

2017

$000

2018

$000

2019

 $000

2020

$000

2021

$000

Current ratio

0.66

 0.58

0.96

 

0.92

 

 

1.06

0.83

 

Quick ratio

0.43

 

0.37

0.58

 0.53

0.49

0.57

Operating cash flow ratio

0.10

 0.01

0.01

 0.00

 

0.02

0.07

             
             

 

MMC 

Current ratio

 

2.37

2.23

2.07

1.89

2.74

2.16

Quick ratio

0.93

 0.95

0.81

0.80

1.36

1.01

Operating cash flow ratio

1.02

0.72

0.96

0.47

0.32

0.52

Please interpret the ratio for both the companies. Not required to explain the theory just interpret the values for the following:

1) Current Ratio 

2) Quick Ratio

3) Operating cash flow ratio

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