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Perform the ratio analysis addressing the company's liquidity, profitability and financial leverage 2019 2020 2021 Inventory $ 5,700 $ 5,200 $ 18,400 Other current assets
Perform the ratio analysis addressing the company's liquidity, profitability and financial leverage
2019 2020 2021 Inventory $ 5,700 $ 5,200 $ 18,400 Other current assets $14,800 $19,200 $ 18,400 Long-term assets $45,600 $51,000 $168,000 Accounts payable $ 3,400 $ 4,200 $ 12,900 Other current liabilities $ 4,000 $ 4,000 $ 14,000 Long-term liabilities $36,000 $32,000 $118,000 Equity $22,700 $35,200 $ 59,900 Net income for the year $11,700 $12,500 $ 24,700Step by Step Solution
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