Compute the companys current ratio and debt ratio at December 31, 2012. At December 31, 2011, the
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Compute the companys current ratio and debt ratio at December 31, 2012. At December 31, 2011, the current ratio was 1.81 and the debt ratio was 0.34. Did the companys ability to pay debts improve or deteriorate, or did it remain the same during 2012?
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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