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compare Ashley Palmers ratios over time, including the pro forma ratios for 2014. If the bank requires a current ratio of at least 1.5 and

compare Ashley Palmers ratios over time, including the pro forma ratios for 2014. If the bank requires a current ratio of at least 1.5 and a debt ratio not to exceed 55 percent, can the owners expect to be able to honor these covenants?

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