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Calculate D'Leon's 2017 current and quick ratios based on the projected balance sheet and income statement data. What can you say about the company's liquidity
Calculate D'Leon's 2017 current and quick ratios based on the projected balance sheet and income statement data. What can you say about the company's liquidity positions in 2015, in 2016, and as projected for 2017? We often think of ratios as being useful (1) to managers to help run the business, (2) to bankers for credit analysis, and (3) to stockholders for stock valuation. Would these different types of analysts have an equal interest in the company's liquidity ratios? Explain your answer.
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