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le pinto inc. reported this information at December 31 requirement: using this information, calculate the current ratio and debt ration for 2017,2016 and 2015. explain

le pinto inc. reported this information at December 31

requirement:

using this information, calculate the current ratio and debt ration for 2017,2016 and 2015.

explain whether each ration improved or deteriorated over the three years. in each case what does your answer indicate?

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Account information 2017 2016 2015 Current assets $ 22 $ 17 $ 10 Total assets 50 52 32 Current liabilities 9 7 5 Total liabilities 24 24 13 209 198 177 Sales revenue Net income 34 16 21 Print Done

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