DuBois Furniture Company has requested that you determine whether the company's ability to pay its current liabilities

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DuBois Furniture Company has requested that you determine whether the company's ability to pay its current liabilities and long-term debts improved or deteriorated during 2016. To answer this question, compute the following ratios for 2016 and 2015. Use Exhibit 13-8 as a model. Round your answers to two decimal places. Summarize the results of your analysis in a short paragraph.
a. Net working capital
b. Current ratio
c. Quick (acid-test) ratio
d. Debt ratio
e. Times-interest-earned ratio
DuBois Furniture Company has requested that you determine whether the
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Financial Accounting

ISBN: 978-0134127620

11th edition

Authors: Walter Harrison, Charles Horngren, William Thomas, Wendy Tietz

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