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In FY 2009, there are total assets of $900,000 and current assets of $350,000. Current liabilities are $240,000, and its long-term liabilities are $1,000,000. In
In FY 2009, there are total assets of $900,000 and current assets of $350,000. Current liabilities are $240,000, and its long-term liabilities are $1,000,000. In FY 2010, the MLK Settlement House has total assets of $1.2 million and current assets of $300,000. Its current liabilities are $200,000, and its long-term liabilities are $800,000.What are the ratios you can you draw now that you have two years' worth of data?
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