Exercise 13-7(Algo) Analyzing liquidity LO P3 (1-a) Compute the current ratio for each...

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Accounting

Exercise 13-7(Algo) Analyzing liquidity LO P3
(1-a) Compute the current ratio for each of the three years.
(1-b) Did the current ratio improve or worsen over the three-year period?
(2-a) Compute the acid-test ratio for each of the three years.
(2-b) Did the acid-test ratio improve or worsen over the three-year period?
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