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Chapter 6 : Case Study # 4 3 :The financial information in Figures 6 - 7 through 6 - 1 0 was extracted from Granite

Chapter 6: Case Study #43:The financial information in Figures 6-7 through 6-10 was extracted from Granite Construction Incorporateds 2003 annual (10-K) report filed with the Securities and Exchange Commission. Using the financial ratios and the typical ratios for a heavy/highway contractor from this chapter, analyze the financial health of Granite Construction. FIGURE 6-7 Income Statement for Granite Construction, Inc. with a 1.6 to 1 ratio LIABILITIES AND STOCKHOLDERS' EQUITY
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