Use the balance sheets of Sando shown below to calculate the following ratios for 2014 (round to the hundredths):
(a)Current ratio.
(b)Acid-test ratio.
(c)Debt ratio.
(d)Equity ratio.
Definitions:
Oval Window
A membrane-covered opening that leads from the middle ear to the vestibule of the inner ear, where sound vibrations are transmitted.
Cochlear Duct
A fluid-filled spiral tunnel in the inner ear and a key component of the cochlea, responsible for sound perception.
Scala Vestibuli
A perilymph-filled cavity inside the cochlea of the inner ear, which sits above the scala media and leads from the oval window to the helicotrema at the apex of the cochlea.
Bony Labyrinth
A complex system of channels and cavities within the temporal bone of the skull, involved in hearing and balance.
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