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Identify and describe the three tools of financial

Maria Fierro Corporation reported the following amounts in 2012, 2013, and 2014.

	2012	2013	2014
Current assets	$220,000	$230,000	$240,000
Current liabilities	$160,000	$170,000	$184,000
Total assets	$500,000	$600,000	$630,000

Instructions

(a) Identify and describe the three tools of financial statement analysis. (b) Perform each of the three types of analysis on Maria Fierro's current assets.

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Financial Accounting: Identify and describe the three tools of financial

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Financial Accounting: Identify and describe the three tools of financial

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