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Compare the following data about JMI Co. and LLI Inc., both retailers: JMI CO. LLI Inc. Debt to equity 4.20 2.03 Current ratio 2.10 2.09
Compare the following data about JMI Co. and LLI Inc., both retailers: JMI CO. LLI Inc. Debt to equity 4.20 2.03 Current ratio 2.10 2.09 Quick ratio 1.85 1.84 Based upon these ratios, what conclusions can be drawn? a. JMI Co. is more of a solvency risk than LLI Inc. b.JMI Co. has significantly less inventory than LLI Inc. c. JMI Co. is significantly more liquid than LLI Inc. d. JM Co. has significantly more current assets vs. current liabilities than LLI Inc
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