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Using the financial ratios ( Debt - paying ratio, Acid test ratio, Debt to equity ratio, and Unreserved fund balance ratio ) and the Financial

Using the financial ratios

(

Debt

-

paying ratio, Acid test ratio, Debt to equity ratio, and Unreserved fund balance ratio

)

and the Financial Report of Books for Africa as a basis, assess the company's financial standing and make any observations that come to mind.

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