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The condensed balance sheet and income statement for Marjoram Company are presented below. 1.Compute the current ratio for Marjoram Company. 2.Compute the acid-test ratio for

The condensed balance sheet and income statement for Marjoram Company are presented below. image text in transcribed

1.Compute the current ratio for Marjoram Company.

2.Compute the acid-test ratio for Marjoram Company.

3. Compute the debt-to-equity ratio for Marjoram Company.

4. Compute the times interest earned ratio for Marjoram Company.

5.Compute the return on shareholders' equity ratio for Marjoram Company.

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