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Dorman Furniture Company has asked you to determine whether the company's ability to pay is current liabilities and long-term debts improved or deteriorated during 201

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Dorman Furniture Company has asked you to determine whether the company's ability to pay is current liabilities and long-term debts improved or deteriorated during 201 (Click the icon to view the financial statement data) Read the requirement Calculate the following ratios for 2018 and 2017. Round your answers to two decimal places a. Net working capital Net working capital 2018 2017 b. Current ratio. (Round the ratios to two decimal places, XXX) Current ratio 2018 2017 c. Quick (acid-test) ratio (Round the ratios to two decimal places, XXX) Enter any number in the edit fields and then continue to the next question Dorman Furniture Company has asked you to determine whether the company's ability to pay its current liabilities and long-term debe !!! (Click the icon to view the financial statement data.) Read the requirement. VUITTLE TOU 2018 2017 c. Quick (acid-test) ratio (Round the ratios to two decimal places, X.XX.) Quick ratio 2018 2017 d. Debt ratio. (Round the ratios to two decimal places, X.XX.) Debt ratio L 2018 2017 101 (Chok the icon lo view the linancial Statementala) Read the requirement Debt ratio 2018 2017 e. Times interest-earned ratio (Round the ratios to one decimal place, XX) Times-interest-earned ratio 2018 2017 Summarize the results of your analysis The company's ability to pay its current liabilities ratios from 2018 and 2017 based on the comparison of as evidenced by the of the The ability to cover interest expense has ratios Enter any number in the edit fields and then continue to the next question Data Table $ Cash Short-term investments Net receivables. Inventory Prepaid expenses Total assets ..... Total current liabilities ...... Long-term debt... Income from operations 2018 2017 24,000 $ 47,000 30,000 23,000 121,000 128,000 240,000 269,000 19,000 7,000 550,000 530,000 197,000 302,000 107,000 148,000 191,000 130,000 42,000 49.000 Interest expense. Print Print Done Done

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