Key working capital and liquidity ratios for A plc are as follows: Required Write a report to

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Key working capital and liquidity ratios for A plc are as follows:

Required
Write a report to one of A plc’s major shareholders on the change in its liquidity and working capital position over the year ended 30 April 20X1.

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Introduction To Financial Accounting

ISBN: 9781526803009

9th Edition

Authors: Anne Marie Ward, Andrew Thomas

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Question Posted: Jul 15, 2022 02:33 AM

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Key working capital and liquidity ratios for A plc are as follows: Required Write a report to

Question:

Working capital ratio Liquidity ratio Inventory turnover Trade receivables ratio Trade payables ratio 20X0 1.5 1.1 6.3 52 days 71 days 20X1 1.7 0.8 5.9 63 days 78 days

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Dear Shareholder I am writing to inform you about the changes in A plcs liquidity and working capita...View the full answer

Introduction To Financial Accounting

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