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Given the financial statements for SW ink above comment on the charge change in cash ratio over the past two years Question 22 Consolidated SW

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Given the financial statements for SW ink above comment on the charge change in cash ratio over the past two years
Question 22 Consolidated SW Inc. Financials Income Statement Balance Sheet 2016 2017 2017 28,830 26,567 351 Net sales Cost of good sold Depreciation 23,641 21,132 509 2,595 2,392 1,018 EBIT 2,594 3,043 1,878 124 120 7,143 Interest expense Tax (20%) Net Income 494 585 Assets 2016 Cash and 372 securities Accounts 558 receivable Inventories 1,116 Total current assets 2,046 Net fixed assets 7,254 Total assets 9,300 Liabilities and Owners' Equity Accounts payable Short-term notes 930 Total current liabilities 1,395 Long-term debt 1,033 Common stock 1,443 Retained earnings 5,429 9,021 1,976 2,338 465 420 812 1,232 994 1,963 4,832 Total liabilities and owners' equity 9,300 9,021 Given the financial statements for SW Inc. above, comment on the change in cash ratio over the past two Their powtimin

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