Green Bluff Winery requested that you determine whether the company's ability to pay its current liabilities and

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Green Bluff Winery requested that you determine whether the company's ability to pay its current liabilities and long-term debts improved or deteriorated during 2016. Round all ratios to two decimal places. To answer this question, compute the following ratios for 2016 and 2015:

(a) Current ratio,

(b) Quick ratio,

(c) Debt ratio, and

(d) Interest coverage ratio.

Round all ratios to two decimal places. Summarize the results of your analysis.

2016 2015 $ 70,000 $ 77,000 15,000 85,000 420,000 9,000 840,000 170,000 290,000 120,000 16,000 Cash.. Short-Term Investm

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Financial Accounting

ISBN: 978-0134436111

4th edition

Authors: Robert Kemp, Jeffrey Waybright

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