Tag 1. Compute the following listed ratios for 2009 and 2008 showing supporting calculations.

The condensed financial statements of Westward Corporation

The condensed financial statements of Westward Corporation for 2009 and 2008 are presented below. Westward Corporation Westward Corporation Balance Sheet Income Statement December 31, 2009 For the Year Ended December 31, 2009 Assets Revenues $2,000,000 Current assets Expenses Cash and…