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2019 2018 1.10:1 8.45 times [Answer here) RATIOS Liquidity 1. Current ratio 2. Inventory turnover Solvency 3. Debt to total assets 4. Times interest earned

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2019 2018 1.10:1 8.45 times [Answer here) RATIOS Liquidity 1. Current ratio 2. Inventory turnover Solvency 3. Debt to total assets 4. Times interest earned Profitability 5. Return on ordinary shareholders' equity 6. Return on assets 7. Profit margin 0.70:1 10.24 times 28.50% 8.40% 9% [Show workings here] Liquidity ratio 1. Current ratio = 2. Inventory turnover Solvency ratio 3. Debt to total assets Times interest earned Profitability ratio Return on ordinary shareholders' equity = 6. Return on assets = 7. Profit margin = b) Evaluate the liquidity, solvency and profitability of Big Wes Ltd by commenting on the changes of each ratio between 2018 and 2019. (6 marks) [Answer here) Liquidity: (2 marks) Solvency: (2 marks) Profitability: (2 marks)

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