# Question: Given the balance sheet for Moderately Large Corporation Table 4 4

Given the balance sheet for Moderately Large Corporation (Table 4-4) answer the following:

a. For each year calculate the following ratios: current, quick, debt-to-asset and debt-to-equity.

b. In a written explanation, state what each of these ratios mean.

c. Compare the ratios for the two-year period and determine if the MLC is sufficiently liquid.

d. How well is the MLC managing its debt?

a. For each year calculate the following ratios: current, quick, debt-to-asset and debt-to-equity.

b. In a written explanation, state what each of these ratios mean.

c. Compare the ratios for the two-year period and determine if the MLC is sufficiently liquid.

d. How well is the MLC managing its debt?

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