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Required: a. Compute the current ratio and quick ratio for both firms for fiscal 2016. Compare the ratios and determine which company is more liquid.

Required: a. Compute the current ratio and quick ratio for both firms for fiscal 2016. Compare the ratios and determine which company is more liquid. b. Compute the times interest earned and liabilities to equity ratios for both firms for fiscal 2016. Which company is more solvent? c. Do you have any concerns about either company's ability to meet its debt obligations? Provide a complete explanation in regard to the question. Required: a. Compute the current ratio and quick ratio for both firms for fiscal 2016. Compare the ratios and determine which company is more liquid. b. Compute the times interest earned and liabilities to equity ratios for both firms for fiscal 2016. Which company is more solvent? c. Do you have any concerns about either company's ability to meet its debt obligations? Provide a complete explanation in regard to the

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