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Year-end balance sheets follow. Compute the acid-test ratio for each of the three years. Did the acid-test ratio improve or worsen over the three-year period?

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Year-end balance sheets follow. Compute the acid-test ratio for each of the three years. Did the acid-test ratio improve or worsen over the three-year period? Compute the current ratio for each of the three years. Did the current ratio improve or worsen over the three-year period

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