Question: Given the balance sheet for Moderately Large Corporation ( Table 3 ) answer the following: a ) For each year calculate the following ratios: current,

Given the balance sheet for Moderately Large Corporation (Table 3) answer the following: a) For each year calculate the following ratios: current, quick, debt-to-asset and debt-to-equity. b) In a written explanation, state what each of these ratios mean. c) Compare the ratios for the two-year period and determine if the MLC is sufficiently liquid. d) How well is the MLC managing its debt?
 Given the balance sheet for Moderately Large Corporation (Table 3) answer

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