For practice you should now attempt to complete the profitability analysis of Bio-Tech by calculating the same range of profitability ratios for 19×9. Where relevant, assume the market price of Bio-

Tech’s ordinary share at the end of 19×9 to be £3.00. Keep your answers for use later. A comprehensive ratio analysis solution is given in Appendix B.

For practice you should now attempt to complete the liquidity analysis of Bio-Tech by calculating the same range of liquidity ratios for 19×9. Keep your answers for use later.