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What do the ratios calculated over the two-year period tell us about the company's (a) liquidity (b) profitability and (c) solvency? Evaluate the company's
What do the ratios calculated over the two-year period tell us about the company's (a) liquidity (b) profitability and (c) solvency? Evaluate the company's financial health based on each category of ratios. Based on the changes reflected in the horizontal and vertical analyses of the income statement and balance sheet, discuss any changes that would be significant and what these changes might indicate for the company.
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