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$(8)1112$ points

Compute the following ratios for the most recent year as well as prior year $($the ratio formulas can be found in chapter $18)$: $**($Enter dollar amounts as reported in the financial statement, do not add zeroes to get the amount in millions$).$

The current ratio for the current year

financial ratio formula is

is calculated as $ type your answer... $/$ $ type your answer...

result is $\%($round to one decimal point$)$

The current ratio for last year

is calculated as $\frac{\text{\$}}{\text{\$}}$

result $i\%($round to one decimal point$)$

This ratic $($improved or worsened$)$ from last year to this year.