Question: Show your work! Explain what EACH ratio means and what your assessment is comparing the changes from year to year. Current Ratio: Calculate the Current

Show your work! Explain what EACH ratio means and what your assessment is comparing the changes from year to year.

Show your work! Explain what EACH ratio means and what your assessment
  1. Current Ratio:
    1. Calculate the Current Ratio for each year
    2. What does this ratio mean?
    3. When comparing year over year, what is your assessment?
  2. Quick Ratio:
    1. Calculate the Quick Ratio for each year
    2. What does this ratio mean?
    3. When comparing year over year, what is your assessment?

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