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I need help in solving this question. Please read the instructions carefully and and answer all 3 parts of question as soon as possible Indepondent
I need help in solving this question. Please read the instructions carefully and and answer all 3 parts of question as soon as possible
Indepondent Auto The: Incouse istaterent (seca) Independent Auto Inc. Balance Sheet ( 5809) Decenber 31 Assets Current assets Non-strategic investnents Plant and equipment, net Total assets Liabilities and Equity Current liabilities Common shares Retalned earnings Total 11abilities and equity Required: 1. Calculate each year's current ratio. (Round the final answers to 1 decimal place.) 2. Express the income statement data in common-size percentages. (Round your final percentage answers to 2 decimal places) 3. Express the balance sheet data in trend percentages with 2021 as the base yeat, (Round your final percentage answers to 2 . decimal places.) Step by Step Solution
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