Vivavision Inc. calculated the ratios shown below for 2014 and 2013: Required 1. Identify whether the change

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Vivavision Inc. calculated the ratios shown below for 2014 and 2013:

Vivavision Inc. calculated the ratios shown below for 2014 and

Required
1. Identify whether the change in the ratios from 2013 to 2014 is favourable (€˜F€™) or unfavorable (€˜U€™).
2. Assess whether the 2014 ratios are favourable or unfavorable in comparison to the industry averages shown in Exhibit18.11.

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Fundamental Accounting Principles Volume II

ISBN: 978-1259066511

14th Canadian Edition

Authors: Larson Kermit, Jensen Tilly

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