Table 3-1 in Chapter 3 presents financial statements over the period 1996 through 1999 for R&E Supplies,

Question:

Table 3-1 in Chapter 3 presents financial statements over the period 1996 through 1999 for R&E Supplies, Inc.

a. Use these statements to calculate as many of the ratios in Table 2-2 as you can.

b. What insights do these ratios provide about R&E's financial performance? What problems, if any, does the company appear to have?

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