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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 year-end balancs sheets follow.
1A: Compute the current ratio for each of the three years.
1B: Did the current ratio improve or worsen over the three year period?
2A: Compute the acid-test ratio for each of the three years.
2B: Did the acid-test ratio improve or worsen over the three year period.
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