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please solve it in 50 minutes please... I'll give you up thumb definitely For the next questions (Q5-Q10), please use this balance sheet to answer:
please solve it in 50 minutes please... I'll give you up thumb definitely
For the next questions (Q5-Q10), please use this balance sheet to answer: Use the balance sheet (as of Oct 1) to answer the first set of questions . Before running any ratios, where do you think this company is in its lifecycle? Why would you believe that given the numbers presented? What do you think the company's main short-term goals are? What is the company's current ratio? What is the company's quick ratio? What is the company's debt ratio? For those who have equity in the company, how do you feel about the company's short-term leverage? How do you feel about the company's long-term leverage? Now, take the balance sheet and the following income statement (for the month of October) and explain how you feel about the company's short-term and long-term outlook if these trends continue. Sales $25,000 Q 5 - how do you feel about the state of the company in the short and long term given the balance sheet from Oct 1 and the income statement for the month of OctoberStep by Step Solution
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