Information taken from Online Office Supplys comparative balance sheet is provided in the Working Papers. Work independently
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Information taken from Online Office Supply’s comparative balance sheet is provided in the Working Papers. Work independently to complete the following problem.
1. Calculate the following short-term financial strength analysis ratios for the current year and prior year. Round ratios to the nearest .1 (tenth). Work independently to complete the following problem.
a. Working capital
b. Current ratio
c. Acid-test ratio
d. Debt ratio
e. Equity ratio
f. Equity per share
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