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Refer to Rhodes Bakery

Question 184

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Refer to Rhodes Bakery. Calculate the following short-term liquidity ratios for 2015 and 2014: Current Ratio, Quick Ratio, Cash Ratio, and Operating Cash Flow Ratio. Cash flows from operations were $75,500 and $50,500 for 2015 and 2014, respectively. Round your answers to two decimal places. Comment on the company's short-term liquidity.

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