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The following data serp taken from the balance sheet of Nibs compary at the end of two recert fical years: Determine for each yese (1)
The following data serp taken from the balance sheet of Nibs compary at the end of two recert fical years: Determine for each yese (1) the worlong caciow, (2) the current ratio, and (3) the quick ratio. pound ration to one decimal piace. b. The kquidity of Nivo has Nrom twe precoumg year to the current year. The working captal, cucrent ratio, and quck ratio have s? Most of these ctangea are the relitt of ar in current assets relative to current libbilities
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