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Required: 1. Complete the below table to calculate each year's current ratio. 2. Complete the below table to calculate income statement data in common-size percents.
Required: 1. Complete the below table to calculate each year's current ratio.
2. Complete the below table to calculate income statement data in common-size percents. (Round your percentage answers to 2 decimal places.)
3. Complete the below table to calculate the balance sheet data in trend percents with 2019 as base year. (Round your percentage answers to 2 decimal places.)
4. Refer to the results from parts 1, 2, and 3.
Required information [The following Information applies to the questions displayed below.] Selected comparatlve financlal statements of Korbin Company follow. Required: 1. Complete the below table to calculate each year's current ratio. 2. Complete the below table to calculate income statement data in common-size percents. (Round your percentage answers to 2 decimal places.) 3. Complete the below table to calculate the balance sheet data In trend percents with 2019 as base year. (Round your percentage answers to 2 decimal places.) Yes No (b) Did Income as a percent of sales improve in the most recent year compared to the prior year? Yes No (c) Did plant assets grow over this perlod? Yes No
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