Balance sheet: http://finance.yahoo.com/q/bs?s=XRX+Balance+Sheet&annual Income s

Question

Balance sheet: http://finance.yahoo.com/q/bs?s=XRX+Balance+Sheet&annual Income statement: http://finance.yahoo.com/q/is?s=XRX+Income+Statement&annual Balance sheet: http://finance.yahoo.com/q/bs?s=XRX+Balance+Sheet&annual Income statement: http://finance.yahoo.com/q/is?s=XRX+Income+Statement&annual Income statement: http://finance.yahoo.com/q/is?s=XRX+Income+Statement&annual Refer to the attached balance sheet and income statement data for Xerox. Compute the following ratios for the fiscal years ending December 31, 2009 and December 31, 2008, and answer the questions posed Carry all ratios to three (3) decimal places. Indicate whether Xerox' short-term liquidity improved at the end of 2009. Note any significant changes in the composition of current assets and current liabilities that could influence your assessment. Indicate whether Xerox' efficiency in using resources to generate revenues improved or declined in the year ended Dec. 31. 2009.

Explanation / Answer

2.18 1.495

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