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Using this financial statement, calculate the following ratios. Show all work. (8 points each) Current Ratio: Debt Ratio: Accounts Receivable Turnover: How would you evaluate

Using this financial statement, calculate the following ratios. Show all work. (8 points each)

Current Ratio:

Debt Ratio:

Accounts Receivable Turnover:

How would you evaluate the Hornets? ratios calculated above? To what would you compare these ratios? (12 points)

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