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How do I interpret the ratios and compare them to the industry averages which are given? 1. Working Capital $161,262 2. Current Ratio 2.13 3.
How do I interpret the ratios and compare them to the industry averages which are given?
1. Working Capital $161,262
2. Current Ratio 2.13
3. Quick Ratio(Acid Test) 1.52
4. Debt to Equity 0.68
5. Times Interest Earned 25.81
Industry Averages for comparison:
1.Working Capital$150,000
2.Current Ratio 2.5:1
3.Quick(Acid) Ratio 2.0:1
4.Debt to Equity Ratio 0.75
5.Times Interest Earned 20 times
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