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Required information Problem 16-15(Algo) Comprehensive Ratio Analysis [LO16-2, LO16-3, LO16-4, LO16-5, LO16-6] ...

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Accounting

Required information
Problem 16-15(Algo) Comprehensive Ratio Analysis [LO16-2, LO16-3, LO16-4, LO16-5, LO16-6]
[The following information applies to the questions displayed below.]
Lydex Company's financial statements for the last two years are as follows:
\table[[\table[[Lydex Company],[Comparative Balance Sheet]],This Year,Last Year],[Assets],[Current assets:],[Cash,$960,000,$1,200,000
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