Attached files
| file | filename |
|---|---|
| EX-31.2 - EXHIBIT 31.2 - QSGI INC. | ex31-2.htm |
| EX-32.1 - EXHIBIT 32.1 - QSGI INC. | ex32-1.htm |
| EX-31.1 - EXHIBIT 31.1 - QSGI INC. | ex31-1.htm |
| 10-K - QSGI INC. FORM 10-K - QSGI INC. | qsgi10k.htm |
Exhibit 12.1
|
Statement Re Computation Of Ratios
|
|||||||
|
This schedule contains financial information extracted from the Registrant's Financial Statements as of December 31, 2009 and 2008 and is qualified in its entirety by reference to such Financial Statements:
|
|||||||
|
December 31, 2009
|
December 31, 2008
|
||||||
|
Current Ratio:
|
|||||||
|
The ratio of current assets divided by current liabilities -
|
|||||||
|
Current assets (numerator)
|
$207,205
|
$10,350,195
|
|||||
|
Current liabilities (denominator)
|
12,958,463
|
21,366,428
|
|||||
|
Current ratio
|
.02:1
|
.48:1
|
|||||
|
Working Capital:
|
|||||||
|
Current Assets minus Current Liabilities
|
|||||||
|
Current assets
|
$207,205
|
$10,350,195
|
|||||
|
Current liabilities
|
12,958,463
|
21,366,428
|
|||||
|
Working Capital
|
(12,751,258)
|
(11,016,233)
|
|||||