Harry Winslet Winery requested that you determine whether the companys ability to pay its current liabilities and

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Harry Winslet Winery requested that you determine whether the company€™s ability to pay its current liabilities and long-term debts improved or deteriorated during 2012.
Round all ratios to two decimal places. To answer this question, compute the following ratios for 2012 and 2011:
(a) Current ratio,
(b) Quick ratio,
(c) Debt ratio,
(d) Interest coverage ratio. Round all ratios to two decimal places. Summarize the results of youranalysis.
Harry Winslet Winery requested that you determine whether the company€™s
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Financial Accounting

ISBN: 978-0133052152

2nd edition

Authors: Robert Kemp, Jeffrey Waybright

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