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Otago Bay Marine Motors Balance Sheets $ in thousands On the basis of the information provided calculate the following financial ratios for

Otago Bay Marine Motors Balance Sheets ($ in thousands)

a. On the basis of the information provided, calculate the following financial ratios for 2012 and 2013.

b. Considering the financial ratios you computed, along with the industry averages, how would you characterize the financial condition of Otago Bay Marine Motors? Explain.

Listed on the next page are the 2012 and 2013

Apr 26 2020 View more View Less

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