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Using the following data, complete the ratio analysis below: Company A Company B Current Assets $ 6,053 $ 6,918 Current Liabilities$ 4,446 $ 2,025 Total
Using the following data, complete the ratio analysis below: Company A Company B Current Assets $ 6,053 $ 6,918 Current Liabilities$ 4,446 $ 2,025 Total Assets $ 13,659 $ 12,667 Total Liabilities $ 10,630 $ 2,692 a. Compute the current ratio for each company. b. Compute the debt to assets ratio for each company. c. Based on the ratios computed in a and b, which company had the better liquidity? d. Based on the ratios computed in a and b, which company had the better solvency?
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