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Posted is the balance sheet for Pinterest, Inc., as of December 31, 2019. Using this statement prepare each of the following ratios: a) Debt-to-assets ratio
Posted is the balance sheet for Pinterest, Inc., as of December 31, 2019. Using this statement prepare each of the following ratios:
a) Debt-to-assets ratio for both 12/31/19 and 12/31/18. Show them side by side.
b) The current ratio for both 12/31/19 and 12/31/18. Show them side by side. Explain for each ratio whether it addresses solvency or liquidity and explain whether the ratio improved or deteriorated from 12/31/18 to 12/31/19.
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