Question: DE 8-21 Link Back to Chapter 4 (Current Ratio and Debt Ratio) and Chapter 5 (Gross Profit Percentage and Inventory Turnover). Using the data in

DE 8-21 Link Back to Chapter 4 (Current Ratio and Debt Ratio) and Chapter 5 (Gross Profit Percentage and Inventory Turnover). Using the data in Daily Exercise 8-20, compute for Vision Maker the following ratios for 20X0:

a. Current ratio

b. Debt ratio

c. Gross profit percentage

d. Rate of inventory turnover

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