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What are the definitions for the ratios? How can we utilize them for analysis. Refer to the Huron Farms Dressage. Try to prepare projected statements


  1. What are the definitions for the ratios? How can we utilize them for analysis. Refer to the Huron Farms Dressage.
  2. Try to prepare projected statements of earnings for the next three years. Will the venture be profitable?
  3. Prepare projected balance sheets for the next three years. Will Boyd need to invest more than $100,000 in the company?
  4. Calculate the ratios you need to evaluate this business. What are the implications? Is this venture a good investment for Boyd? Explain your reasoning.

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