Ratios
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Solution Summary
The expert examines the ratio of the year end financial statements of overton corporation.
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I setup the ratios , but you need to calculate out the answer.
1. Current ratio = current assets/current liabilities
= (6100+6900+12100+3000+13500)/(11500+3300+2600)
2. Acid test ratio = current assets less inventory/current liabiliites
= ...
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