Selected comparative financial statement data for Kigio Inc. are shown below. Instructions (a) Calculate all possible liquidity

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Selected comparative financial statement data for Kigio Inc. are shown below.

Selected comparative financial statement data for Kigio Inc. are shown

Instructions
(a) Calculate all possible liquidity ratios for 2015 and 2014.
(b) Indicate whether each of the liquidity ratios calculated in part (a) is better or worse in 2015.

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Financial Accounting Tools for Business Decision Making

ISBN: 978-1118644942

6th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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