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Dorman Furniture Company has asked you to determine whether the company's ability to pay its current liabilities and long-term debts improved or deteriorated during 2018

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Dorman Furniture Company has asked you to determine whether the company's ability to pay its current liabilities and long-term debts improved or deteriorated during 2018 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 Select the formula and then enter the amounts to calculate the working capital for 2018 and 2017 Networking capital 2018 2017 Requirement 1. To answer this question, calculate the following ratios for 2018 and 2017. Round your answers to two decimal places. a. Net working capital b. Current ratio o. Quick (acid-test) ratio d. Debt ratio e. Times-interest-earned ratio Summarize the results of your analysis. ncia Data table 18 2018 2017 Cash $ $ 35,000 $ 68,000 26,000 6,000 he Short-term investments Net receivables Inventory Prepaid expenses Total assets Total current liabilities 119,000 131,000 242,000 273,000 18,000 5,000 520,000 510,000 237,000 332,000 77,000 44,000 220,000 170,000 48,000 46,000 Long-term debt. Income from operations. Interest expense

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