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Given the following data:
Compute the ratio of liabilities to owner's equity for each year. Round to two decimal places.
Incremental Marketing Effort
Marketing activities that are added gradually to test their effectiveness or to build upon the existing strategy.
SWOT Analysis
A strategic planning tool used to identify and analyze the Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.
Planning Phase
The initial stage in project management or business strategy formulation where objectives are set, and procedures to achieve them are outlined.
Market Goals
Objectives that a company or organization aims to achieve in its target market, such as increasing market share, revenue, or customer satisfaction.
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