Question: Using the balance sheet for the Greasy Spoon Diner in Exhibit 8 - 7 , page 2 7 0 in Chapter 8 , calculate the

Using the balance sheet for the Greasy Spoon Diner in Exhibit 8-7, page 270 in Chapter 8, calculate the quick, debt, and debt-to-equity ratios. What do the ratios tell you about how the restaurant is doing?

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