-Refer to the partial balance sheet presented above for Gibraltar, Inc. Compute the following liquidity ratios for 2013 and 2012:
Comment on the direction and significance of the change in the ratios from 2012 to 2013.
Definitions:
Payments
The act of transferring money in exchange for goods or services.
Future Payments
Payments that are scheduled to be made at a later date or period, often related to loans or financing arrangements.
Investment Privately
Allocating financial resources into private enterprises not listed on public stock exchanges.
Maximum Price
The highest price a buyer is willing to pay for a good, service, or financial instrument.
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