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Old Sunday, November 30, 2014
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Default Paper 2014 Ratio Analysis

Paper I Question#3
I) Current Ratio=2.33:1
II) Acid test Ratio=1.33:1
III) Debt to Equity Ratio= 1:1
If only long-term debt are considered then the ratio will be 7:10
IV) Gross Profit Ratio= 14%
V) Operating Ratio = 92.43%
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