Superstore Electronics Reported the Following Figures in Its 2019 and 2018

question 23

Essay

Superstore Electronics reported the following figures in its 2019 and 2018 financial statements.
$$\begin{array} { | l | r | r | } \hline & { \mathbf { 2 0 1 9 } } & { \mathbf { 2 0 1 8 } } \\\hline \text { Cash } & \$ 38,500 & \$ 25,000 \\\hline \text { Cash Equivalents } & 3,000 & 2,000 \\\hline \text { Total Current Liabilities } & 33,200 & 30,000 \\\hline\end{array}$$ Compute the cash ratio for 2019 and 2018. What does the cash ratio measure? Use this information to discuss the business performance of Superstore Electronics.

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Definitions:

Normal Saline

A sterile solution of sodium chloride in water, commonly used in medical settings for a variety of purposes, including hydration and wound cleaning.

Metabolic Acidosis

A disturbance in the body's acid-base balance resulting in a lower than normal blood pH due to increased acid or decreased bicarbonate.

Cheyne-Stokes

A pattern of breathing characterized by progressively deeper and sometimes faster breathing, followed by a gradual decrease that results in a temporary stop in breathing, commonly seen in heart failure and brain injuries.

Kussmaul's

Refers to Kussmaul breathing, a type of hyperventilation characterized by deep and labored breathing, often seen in cases of severe metabolic acidosis.