Ct statement condition 2026

1. Click ‘Get Form’ to open the Statement of Financial Condition in the editor.
2. Begin by entering your total current assets in the designated field for Current Ratio calculations. Ensure accuracy as this will impact your financial assessment.
3. Next, input your total current liabilities in the corresponding field. This is crucial for calculating both the Current and Quick Ratios.
4. For the Current Ratio, divide your total current assets by total current liabilities. The result should be 1.5 or greater; otherwise, it may require further review.
5. To calculate the Quick Ratio, subtract inventories from total current assets and then divide by current liabilities. Ensure this number is at least 1.0 to avoid additional scrutiny.
6. Finally, provide your printed name, signature, license number, and date signed in the appropriate fields to complete the form.

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