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1. Prepare an exhibit that will show (a) the balance sheet, (b) the income statement, and (c) the key ratios for each policy. 2. As
1. Prepare an exhibit that will show (a) the balance sheet, (b) the income statement, and (c) the key ratios for each policy. 2. As current ratios a measure of liquidity adequacy, does it mean the higher the current ratio, the better position the company is in? Discuss the risk-return tradeoff among the alternative policies. Which of the three alternatives should Mr. Edwards recommend at the next meeting? 3. 4
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