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Describe how liquidity ratios assist the investor in evaluating a company's performance. Explain the factors used in the working capital and current ratio formulas (from
Describe how liquidity ratios assist the investor in evaluating a company's performance. Explain the factors used in the working capital and current ratio formulas (from our textbook). Using the numbers in the recent Balance Sheet (Statements of Financial Position) of a U.S. public corporation (state page number from the Form 10-K Annual Report), show your calculation for the working capital and current ratio for the current year and prior year. Explain if the company is doing well or not according to its ratio results.
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