Question: Required Refer to Exhibit 18 14 and calculate Aavengen s
Refer to Exhibit 18.14 and calculate Aavengen’s liquidity and efficiency ratios for 2014 and 2013 (round answers to two decimal places).
Analysis Component: Identify whether the change in each ratio from 2013 to 2014 was favourable (F) or unfavorable (U) andwhy.
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