Use the information in Appendix A to answer this problem. (a) Calculate 2 liquidity ratios for East Coast Yachts. (b) Compare and comment on the liquidity performance of East Coast Yachts to the industrys ratios using the results from (a). (c) Is East Coast Yachts at risk for filing bankruptcy? Describe how you would evaluate this issue and what numerical references you would need to complete this analysisno calculation required for part (c).

Appendix A