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For the month of March, calculate the food inventory turnover ratio and inventory holding period in days that it takes for food inventory to turn

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For the month of March, calculate the food inventory turnover ratio and inventory holding period in days that it takes for food inventory to turn over. 4.8 Information showing total assets and total liabilities for two consecutive operating years is given below: Calculate the total assets to total liabilities ratio for both years and comment on the change. Do any additional analysis you need so you can comment on these figures. 24.9 Assume you were given information regarding current ratios for three consecutive years. Can you determine the general condition of liquidity without calculating working capital? If the following ratios apply to a restaurant, would the ratio for Year 8 be considered adequate? Explain your answers to the questions

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