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Conduct a financial ratio analysis for XYZ Corporation using the following data: Category Amount ($) Current Assets $80,000 Current Liabilities $50,000 Total Assets $150,000 Total
Conduct a financial ratio analysis for XYZ Corporation using the following data:
Category Amount ($) Current Assets $80,000 Current Liabilities $50,000 Total Assets $150,000 Total Liabilities $60,000 Equity $90,000 Requirements:
- Calculate the current ratio and debt-to-equity ratio.
- Present the analysis in a detailed table format.
- Interpret the ratios and provide insights into the company's financial health.
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