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Simon Company's year - end balance sheets follow. ( 1 - a ) Compute the current ratio for each of the three years. ( 1
Simon Company's yearend balance sheets follow.
a Compute the current ratio for each of the three years.
b Did the current ratio improve or worsen over the three year period?
a Compute the acidtest ratio for each of the three years.
b Did the acidtest ratio improve or worsen over the three year period?
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Compute the current ratio for each of the three years.
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