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Show your work! Explain what EACH ratio means and what your assessment is comparing the changes from year to year. Current Ratio: Calculate the Current
Show your work! Explain what EACH ratio means and what your assessment is comparing the changes from year to year.
- Current Ratio:
- Calculate the Current Ratio for each year
- What does this ratio mean?
- When comparing year over year, what is your assessment?
- Quick Ratio:
- Calculate the Quick Ratio for each year
- What does this ratio mean?
- When comparing year over year, what is your assessment?
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