Question: Given the following information, compute the current ratio for the two years shown. Explain the trend in the ratio for both years and what you

Given the following information, compute the current ratio for the two years shown. Explain the trend in the ratio for both years and what you think itmeans.

From balance sheet at Current assets Current liabilities 09/30/2010 $13,000 $10,000 09/30/2011 $11,000 $10,000

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