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Calculate the 2022 Debt-to-Assets and Times-Interest-Earned ratios. As a creditor, how would you feel about lending money to Cardinal Company? Explain.

Accounting Question 1.Calculate Cardinal’s 2022 Current and Quick ratios. What do you observe about the trend of the company’s liquidity positions from 2020 to 2022? 2.Calculate the 2022 Inventory Turnover, Days Sales Outstanding, Fixed Assets Turnover, and Total Assets Turnover ratios. Compared to past years, is Cardinal’s efficiency improving or getting worse? Explain. 3.Calculate the […]

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