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a . There are errors in the calculation of the three measures of current position analysis. Determine the correct amounts. Round ratios to two decimal
a There are errors in the calculation of the three measures of current position analysis. Determine the correct amounts. Round ratios to two decimal places.
b b Based on the data, all of the following are true, regarding the bond indenture, except:
Quick ratio
b Based on the data, all of the following are true, regarding the bond indenture, except:
The company is in compliance with the requirements of the bond indenture.
The company may need to renegotiate the bond contract.
The bank may downgrade the company's bond rating.
The bank may require the company to pay a higher interest rate on the bond.
The bank may attach one or more restrictive covenants to the bond.
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