Question: Prepare a common-size balance sheet using 2020 as the base year & Calculate the following ratios: Current Ratio Quick ratio NWC to total assets Debt

Prepare a common-size balance sheet using 2020 as the base year

Prepare a common-size balance sheet using 2020 as the base year & Calculate the following ratios:

  1. Current Ratio
  2. Quick ratio
  3. NWC to total assets
  4. Debt Equity and equity multiplier
  5. Total debt ratio and long term debt ratio

(show work for ratios)

Utilize the following balance sheet for the next two problems

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