The following information is available from the annual reports of Marin Company and Nance Company. 
Instructions
(a) For each company, compute the following ratios:
1. Current ratio
2. Debt to assets ratio
3. Earnings per share
(b) Based on your calculations, discuss the relative liquidity, solvency, and profitability of the two companies.
Definitions:
Incorrect Citation
The inaccurate or erroneous referencing of sources in academic or professional writing, which can undermine the credibility of the work.
Logic Problem
A puzzle or challenge that requires the use of reasoning and critical thinking skills to solve.
Idea Incomplete
A concept or thought that has not been fully developed or lacks necessary details.
Developed Further
The process of elaborating or expanding on a topic, idea, or project to reach a more advanced stage.
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