Question: See attachment for further instruction for question E24-5 Instructions (a) The current ratio is increasing while the acid-test (quick) ratio is decreasing. Using the ratios

See attachment for further instruction for question E24-5

Instructions (a) The current ratio is increasing while the acid-test (quick) ratio is decreasing. Using the ratios pro- vided, identify and explain the contributing factor(s) for this apparently divergent trend. (b) In terms of the ratios provided, what conclusion(s) can be drawn regarding the company's use of financial leverage during the 2012-2014 period? (c) Using the ratios provided, what conclusion(s) can be drawn regarding the company's net invest- ment in plant and equipment

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