The following information is available from the annual reports of Marin Company and Nance Company. 
Instructions
(a) For each company, compute the following ratios:
1. Current ratio
2. Debt to assets ratio
3. Earnings per share
(b) Based on your calculations, discuss the relative liquidity, solvency, and profitability of the two companies.
Correct Answer:
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(b) Based on the current ratio, Nance i...View Answer
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(a)
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