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4 - Ratio Analysis (18 marks) The following Balance Sheet relates to information provided by Parks and Recreation corporation: Parks and Recreation Corporation Balance Sheet
4 - Ratio Analysis (18 marks) The following Balance Sheet relates to information provided by Parks and Recreation corporation: Parks and Recreation Corporation Balance Sheet December 31, 2023 and 2022 Problem 3 Required 1. Calculate the following 2023 ratios for Parks and Recreation Corporation: a. Current ratio b. Acid test c. Inventory turnover d. Accounts receivable turnover e. Debt ratio f. Times interest earned
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