Please calculate the following financial ratios for FY 2018 (12-months ending February 2019): ...
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Accounting
Please calculate the following financial ratios for FY 2018 (12-months ending February 2019):
Current Ratio 1.4
Acid-Test Ratio .42
Please prepare a 2-page paper on your calculations in A.
Explain the results from the computation from A. Are they good or bad? Why?
Which of the two ratios gives the users of the financial statement a better gauge of the companys liquidity in a time of crisis? Which would you recommend? Why?
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