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The following accounting information exists for Aspen and Willow companies. Required a - 1 . Determine the amount of current assets and current liabilities for
The following accounting information exists for Aspen and Willow companies.
Required
a Determine the amount of current assets and current liabilities for each company.
Compute the current ratio for each company.
b Assuming that all assets and liabilities are listed above, compute the debttoassets ratios for each company.
c Determine which company has the greater financial risk in the short term.
c Determine which company has the greater financial risk in the long term.
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Determine the amount of current assets and current liabilities for each company.
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