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Simon Company's year - end balancs sheets follow. 1 A: Compute the current ratio for each of the three years. 1 B: Did the current
Simon Company's yearend balancs 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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