Use the following information to calculate the ratios requested below.Round answers to two decimal places.Show your work.
Definitions:
Contract Price
The total amount of money agreed upon for the sale of goods or services in a contractual agreement.
Specific Performance
A legal remedy requiring a party to perform their obligations under a contract, typically used when monetary damages are insufficient.
Almetals Inc.
A company specializing in the processing and distribution of precision metal slits, coils, and sheets, primarily for the automotive and manufacturing industries.
Unique Goods
Unique goods are products or items that are distinct due to their rare characteristics, custom features, or individual qualities, making them one-of-a-kind.
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