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Sherwood, Inc., the parenk company of Fito-Lay snack foods and Sherwood beverages, had the following...

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Accounting

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Sherwood, Inc., the parenk company of Fito-Lay snack foods and Sherwood beverages, had the following current assets and current llabilitins at the end of two recent years? a. Detemine the (1) current ratio and (2) quick ratio for both years. Round to one decimal place. b. The liquidity of Sherwnod has some over thls time period. Both the current and quick ratios have company with resources for meeting short-term obligations. Its llquidity as measured by the current and quick ratios has during this period

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