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Standard Show iii Columns Company Year E Rows SUM(Quick Ratio) SUM(Current Ratio) Liquidity Company / Year Big Store Discount Goods Null 1.709 1.8731849 1.627 1.500
Standard Show iii Columns Company Year E Rows SUM(Quick Ratio) SUM(Current Ratio) Liquidity Company / Year Big Store Discount Goods Null 1.709 1.8731849 1.627 1.500 1.200 1.168 L119 1.151 0.932 0.969 1.000 0.882 0.887 0,887 0.944 0.906 O.A86 0.882 ON65 0.862 O.835 th 0.500 0.000 0.24945 0.25731 0.24380 0.250 0.22175 0.21697 0.21404 0.21346 0.22177 0.20151.19767 0.20258 0.20963 0.200 0.20043 0.19902 0.19660 0.20012 0.20128 0.18979 0.17903 0.17582 0.150 0.100 0.050 0.000 Quick Ratio Current Ratio 2012 ETOZ 2014 2015 9toz 0202 Required: Based upon what you find, answer the following questions: A. Analyzing the liquidity ratios over the ten-year period, is Discount Goods current ratio (a) generally increasing. (b) roughly the same, or (c) generally decreasing from year to year? B. Analyzing the liquidity ratios over the ten-year perlod, is Big Store's current ratio (a) generally Increasing. (b) roughly the same, or (c) generally decreasing from year to year? C. What is the current ratio in 2021 for Discount Goods? For Big Store? (Round your answers to 3 decimal places.) D. What is the acid-test (or quick) ratio in 2021 for Discount Goods? For Big Store? (Round your answers to 3 decimal places.) E. Which company has more favorable liquidity ratios in 2021? Note: As you assess the liquidity aspect of the companies, keep in mind that liquidity ratios should be evaluated in the context of both profitability and efficiency of managing assets
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