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For both the current year and onc year ago, compute the following ratios: (1-a) Compute the current ratio for each of the tiree years. (1-b)
For both the current year and onc year ago, compute the following ratios: (1-a) Compute the current ratio for each of the tiree years. (1-b) Did the current ratio improve or worsen over the three-year period? (2-a) Compute the acid-test ratio for each of the three years. (2-b) Did the acid-fest ratio improve or worsen over the three-year period? Complete this question by entering your answers in the thbs below. Compute the current ratio for each of the three years. Simon Company's yeci-end balance sheets follow. For both the current year and one year ago, compute the following ratios: (1-a) Compute the current ratio for each of the three years. (1-b) Did the current ratio improve or worsen over the three-year period? (2-o) Compute the acid test ratio for each of the three years. (2-b) Did the acid-test ratio improve or worsen over the three-year period? Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Dla the current ratio improve of worgen over the three year period? For both the current year and one year ago, compute the following ratios: (1-a) Compute the current ratio for each of the three years. (1-b) Did the current ratio improve or worse over the three year period? (2-a) Compute the acid-test ratio for each of yo three years. (2-b) Did the acid-test ratio improve or worsen over the three-year period? Complete this question by entering your answers in the tabs below. Did the acid-test ratio improve or worsen over the three-year period? Complete this question by enterino your answers in the tabs below. Computh the acid tost rotio for each of the three years
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