Question: 3. Based on the balance sheets and income statement in the previous two problems, calculate the following ratios for 2002: Current ratio, Quick ratio,

3. Based on the balance sheets and income statement in the previous two problems, calculate the following ratios for 2002: Current ratio, Quick ratio, Cash ratio, Inventory turnover, Receivables turnover, Days' sales in inventory, Days' sales in receivables, Total debt ratio, Long-term debt ratio

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