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Shown below are selected items appearing in a recent balance sheet of Grant Products. (Dollar amounts are in thousands.)
(a) Compute the following:
(1) Total quick assets $____________
(2) Total current assets $____________
(3) Total current liabilities $____________
(4) Quick ratio ______ to 1
(5) Current ratio ______ to 1
(b) Research indicates an industry average quick ratio is 1.3 to 1, and a current ratio of 2.3 to 1. Based upon this information, does Grant Products appear more or less solvent than the average company in its industry? Explain briefly.
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Taylor Corp. is growing quickly. Dividends are expected to grow at a 31 percent rate for the next three years, with the growth rate falling off to a constant 6.6 percent thereafter.
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Provide an overall financial analysis for every company
questionmoss exports is having a bad year. net income is only 60000. as well two important overseas customers are
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