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The condensed statements of Independent Auto Inc. follow: Required: 1. Calculate each year's current ratio. (Round the final answers to 1 decimal place.) 2. Express

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The condensed statements of Independent Auto Inc. follow: Required: 1. Calculate each year's current ratio. (Round the final answers to 1 decimal place.) 2. Express the income statement data in common-size percentages. 3. Express the balance sheet data in trend percentages with 2021 as the base year. decimal places.)

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