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SMOLIRA GOLF 2011 and 2012 Balance Sheets Liabilities and Owners Equity 2011 Assets 2012 2012 2011 Current liabilities Curre
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Answer #1

As per rules I am answering the first 4 subparts of the question

1: Current ratio = Current assets/ current liabilities

= 66645/53773

=1.24

2: Quick ratio=(cash + securities+ accounts receivable)/ current liabilities

= (24255+15235)/53773

=0.73

3: Working capital = current assets- current liabilities

= 66645- 53773

=12872

4: Debt ratio = Total liabilities/ Total assets

= (53773+95000)/432379

=34.41%

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