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Current ponstion analysi Sherwood, Inc., the parent company of Frito-tay snack foods and sherwoed beverages, had the foliowing current assets and current liabities at the

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Current ponstion analysi Sherwood, Inc., the parent company of Frito-tay snack foods and sherwoed beverages, had the foliowing current assets and current liabities at the end of tao recent a. Determine the (1) current rabio and (2) cuick ratio for both years. Round your answers to one decimal place. b. The liguidity of sherweod has slightly over this time period. Both the current and quick ratios have - Sherwood is a cormpany with resources for meeting short-term obligations

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