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Integrative: Complete ratio analysis Given the following financial statements, historical ratios, and industry averages calculate Sterling Company's financial ratios for the most recent year.

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Integrative: Complete ratio analysis Given the following financial statements, historical ratios, and industry averages calculate Sterling Company's financial ratios for the most recent year. (Assume a 365-day year.) Analyze its overall financial situation from both a cross-sectional and a time-series viewpoint. Break your analysis inte evaluations of the firm's liquidity, activity, debt, profitability, and market.

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