The Robinson Company has current assets and current liabilities for the two years listed in the text.

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The Robinson Company has current assets and current liabilities for the two years listed in the text.
a. Compare the current ratios between the two years.
b. Compare the acid-test ratios between 2014 and 2015. Comment on your findings.

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Introduction to Finance Markets Investments and Financial Management

ISBN: 978-1118492673

15th edition

Authors: Melicher Ronald, Norton Edgar

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Question Posted: Mar 27, 2015 12:32 PM

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The Robinson Company has current assets and current liabilities for the two years listed in the text.

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a 2014 700000350000 20 2015 900000600000 15 ...View the full answer

Introduction to Finance Markets Investments and Financial Management

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