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Current Position Analysis The following data were taken from the comparative balance sheet of Icon Living, Inc., for the years ended December 31, 20 Y9
Current Position Analysis The following data were taken from the comparative balance sheet of Icon Living, Inc., for the years ended December 31, 20 Y9 and December 31, 20Y8: a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. Round ratios to one decimal place. b. The liquidity of Icon Living, Inc., has capital, current ratio, and quick ratio have all result of from 20 Y8 to the 20Y9. The working . Most of these changes are the
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