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Use the Balance Sheets of Sando Shown Below to Calculate

question 32

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Use the balance sheets of Sando shown below to calculate the following ratios for 2013 (round to the hundredths):
(a) Current ratio
(b) Acid-test ratio
(c) Debt ratio
(d) Equity ratio
Use the balance sheets of Sando shown below to calculate the following ratios for 2013 (round to the hundredths): (a) Current ratio (b) Acid-test ratio (c) Debt ratio (d) Equity ratio


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