Question: can you help me with part b. Step by step please. Torstar Corporation is a media company that publishes newspapers and digital media. The company

can you help me with part b. Step by step please.

The company reports the following current assets and current liabilities at December

Torstar Corporation is a media company that publishes newspapers and digital media. The company reports the following current assets and current liabilities at December 31, 2019 (in thousands). Hint: Derivative financial instruments are current liabilities. Torstar Corporation is a media company that publishes newspapers and digital media. The company reports the following current assets and current liabilities at December 31, 2019 (in thousands). Hint: Derivative financial instruments are current liabilities. Your answer is partially correct. Calculate the current and acid-test ratios. (Round answers to 2 decimal places, es. 1.75:1). Current ratio ;1 Acid-test ratio :1

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