Question: Step-by-step explanation Assignment 7.1 using information given ,we calculate the current ratio also the total debt ratio , Current ratio is the capacity of the
Step-by-step explanation Assignment 7.1 using information given ,we calculate the current ratio also the total debt ratio , Current ratio is the capacity of the company to pay its short terms obligations.yet the Total debt ratio indicates the amount of assets which are financed by the creditors
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