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4-12B Calculating current ratios and debt to equity ratios [(S)/(L)LO6:} You are the accountant at Spin Master. Refer to [ Appendix III for Spin Master's
4-12B Calculating current ratios and debt to equity ratios [(S)/(L)LO6:} You are the accountant at Spin Master. Refer to [ Appendix III for Spin Master's Consolidated Balance Sheets as at December 31, 2020. Your manager has asked you to do the following: a. Calculate the current ratio, quick ratio, and debt to equity ratios for 2019 and 2020 (round to two decimal places)
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