Question: Macromedia Inc designs and markets computer software products Following are

Macromedia, Inc. designs and markets computer software products. Following are the company’s year-end current assets and current liabilities (in alphabetical order) for two recent years.
Required:
(a) Compute Macromedia’s quick ratios for Years 1 and 2. Did this ratio improve or weaken between the end of Year1 and the end of Year 2? Explain your answer.
(b) Briefly discusses factors that might have accounted for the change in Macromedia’s liquidity position between the end of Year 1 and the end of Year 2.

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  • CreatedMarch 27, 2015
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