Yuen Corporation shows the following financial position and results for the three years ended December 31, 2025,

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Yuen Corporation shows the following financial position and results for the three years ended December 31, 2025, 2024, and 2023 (in thousands):


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Calculate the current ratio, quick ratio for each year, and the days payables outstanding ratio for 2024 and 2025, and comment on your results. Round answers to two decimal places.

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Related Book For  answer-question

Intermediate Accounting Volume 2

ISBN: 9781119740445

13th Canadian Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy

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