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You are now ready to interpret the ratios that you have calculated. If a
ratio increased from 2012 to 2013, why do you think that it increased? Is
it a good or bad sign that the ratio increased? Please explain.
If a ratio decreased from 2012 to 2013, why do you think that it decreased?
Is it a good or bad sign that the ratio decreased? Please explain.
If a ratio was unchanged from 2012 to 2013, why do you think that it was
unchanged? Is it a good or bad sign that the ratio was unchanged? Please
explain.