Extend the analysis by computing the following ratios for the current and prior years for the company. $($Assume a marginal tax rate of $22\%.)$decrease in creditworthiness.

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Extend the analysis by computing the following ratios for the current and prior years for the company. $($Assume a marginal tax rate of $22\%.)$

Compare the ratios over time for the company. Is the company more or less liquid or solvent than last year?

Compare the ratios over time for the company. Is the company more or less liquid or solvent than last year?

Answer:

Find two or more credit ratings for the company and interpret the ratings. Read any analysts' credit reports available and compare them to your analysis.

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