Attached files
| file | filename |
|---|---|
| 10-K/A - QSGI INC. FORM 10-K/A NO. 1 - QSGI INC. | qsgi10ka.htm |
| EX-31.1 - EXHIBIT 31.1 - QSGI INC. | ex31-1.htm |
| EX-23.1 - EXHIBIT 23.1 - QSGI INC. | ex23-1.htm |
| EX-32.1 - EXHIBIT 32.1 - QSGI INC. | ex32-1.htm |
| EX-23.2 - EXHIBIT 23.2 - QSGI INC. | ex23-2.htm |
Exhibit 12.1
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Statement Re Computation Of Ratios
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This schedule contains financial information extracted from the Registrant's Financial Statements as of December 31, 2008 and 2007 and is qualified in its entirety by reference to such Financial Statements:
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December 31,
2008
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December 31,
2007
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Current Ratio:
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The ratio of current assets divided by current liabilities -
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Current assets (numerator)
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$ | 10,350,195 | $ | 10,722,669 | ||||
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Current liabilities (denominator)
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11,366,428 | 6,358,755 | ||||||
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Current ratio
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(1.1 | ) | 1.7 | |||||
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Working Capital:
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Current Assets minus Current Liabilities
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Current assets
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$ | 10,350,195 | $ | 10,722,669 | ||||
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Current liabilities
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11,366,428 | 6,358,755 | ||||||
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Working Capital
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(1,016,233 | ) | 4,363,914 | |||||