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You have obtained the financial statements of Day Manufacturing and the ratios for Night Production, two companies in the manufacturing industry. You have acquired the
You have obtained the financial statements of Day Manufacturing and the ratios for Night Production, two companies in the manufacturing industry. You have acquired the following information for an analysis of the companies (amounts in thousands):
a. Calculate the following ratios for Day Manufacturing for the two years. For 2019, assume the current year amount is equal to the average where required. Enter your ratios in the table on the next page. Use the blank space below for calculatio
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