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Based on the balance sheets given, calculate the following financial ratios for each year: Calculate the following financial ratios for each year: a . Current
Based on the balance sheets given, calculate the following financial ratios for each year:
Calculate the following financial ratios for each year:
a Current ratio.
Note: Do not round intermediate calculations and round your answers to decimal places, eg
b Quick ratio.
Note: Do not round intermediate calculations and round your answers to decimal places, eg
c Cash ratio.
Note: Do not round intermediate calculations and round your answers to decimal places, eg
d Debtequity ratio and equity multiplier.
Note: Do not round intermediate calculations and round your answers to decimal places, eg
e Total debt ratio.
Note: Do not round intermediate calculations and round your answers to decimal places, eg
tablea Current ratio,,times Current ratio,,timesb Quick ratio,,times Quick ratio,,timesc Cash ratio,,times Cash ratio,,times
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