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Houle Furniture Company has asked you to determine whether the company's ability to pay its current liabilities and long - term debts improved or deteriorated
Houle Furniture Company has asked you to determine whether the company's ability to pay its current liabilities and longterm debts improved or deteriorated during
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Read the requirement.
Calculate the following ratios for and 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 and
Net working capital
Requirement
To answer this question, calculate the following ratios for and
Round your answers to two decimal places.
a Net working capital
b Current ratio
c Quick acidtest ratio
d Debt ratio
e Timesinterestearned ratio
Summarize the results of your analysis.
Data table
Help please!
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