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Companies that operate in different industries may have very different financial ratio values. These differences may grow even wider when we compare companies located in
Companies that operate in different industries may have very different financial ratio values. These differences may grow even wider when we compare companies located in different countries. Review the following financial statements.
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Begin by computing the ratios. Start by selecting the formula for the current ratio. Then calculate the current ratios for Abler, Malick, and Rhodan. Enter amounts in millions or billions as provided to you in the problem statement. Round the ratios to two decimal places.
Data table
tableAmounts in millions or billionsAbler,Malick,RhodanIncome data,,,Total revenues,$
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