Question

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.


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  • CreatedApril 29, 2014
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