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Use the Balance Sheets of Sando Shown Below to Calculate

question 155

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Use the balance sheets of Sando shown below to calculate the following ratios for 2012 (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 2012 (round to the hundredths): (a) Current ratio. (b) Acid-test ratio. (c) Debt ratio. (d) Equity ratio.


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