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Liquidity - Additional question 12

Go to the database and calculate

1. the current (working capital) ratio and
2. the acid test (liquid or quick) ratio

for each of the following retailing companies

• Marks & Spencer
• Safeway
• J Sainsbury plc
• Tesco plc
• Thorntons

Comment on your findings for parts 'a' and 'b' of this question.

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