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need help Gervais Furniture Company has asked you to determine whether the company's ablity to pay its current liablities and long-term debts improved or deteriorated
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Gervais Furniture Company has asked you to determine whether the company's ablity to pay its current liablities and long-term debts improved or deteriorated during zoz1. AII (Click the icon to view the financial statement data.) Read the requirement. Calculate the following ratios for 2021 and 2020. Round your answors to two decimal places a. Net working capital Data table 1. To answer this question, calculate the following ratios for 2021 and 2020 . Round your answers to two decimal places. a. Net working capital b. Current ratio c. Quick (acid-test) ratio d. Debt ratio e. Times-interest-earned ratio Summarize the results of your analysis Step by Step Solution
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