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You are the accountant at Indigo. Refer to Appendix III for Indigo's Consolidated Balance Sheet as at March 31, 2018. Your manager has assigned
You are the accountant at Indigo. Refer to Appendix III for Indigo's Consolidated Balance Sheet as at March 31, 2018. Your manager has assigned you the following tasks. a. Calculate the current ratio, quick ratio, and debt to equity ratios for 2017 and 2018. Round your answer to two decimal places. b. Comment on the ratios, the change between 2017 and 2018, and what additional information you would want to know to get a better picture of Indigo's financial performance.
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