Question

1. Compute Win’s Companies’ current ratio at May 31, 2015 and 2014.
2. Did Win’s Companies’ current ratio improve, deteriorate, or hold steady during 2015?

Win’s Companies, a home improvement store chain, reported the following ­summarized figures:


Win’s has 500,000 common shares outstanding during2015.


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  • CreatedJanuary 16, 2015
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