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Current Position Analysis Sherwood, Inc., the parent company of Frito - Lay snack foods and Sherwood beverages, had the following current assets and current liabilities

Current Position Analysis
Sherwood, Inc., the parent company of Frito-Lay snack foods and Sherwood beverages, had the following current assets and current liabilities at
the end of two recent years:
a. Determine the (1) current ratio and (2) quick ratio for both years. Round to one decimal place.
Current Year
Previous Year
Current ratio
Quick ratio
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