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2020 2021 Quick Ratio. 1.34:1 1.96:1 Current Ratio. 2.52:1 3.06:1 Times Interest Earned. 1.92 times 1.70 times Debt to Equity. 0.64:1 0.76:1 Prepare a detailed
2020 2021
- Quick Ratio. 1.34:1 1.96:1
- Current Ratio. 2.52:1 3.06:1
- Times Interest Earned. 1.92 times 1.70 times
- Debt to Equity. 0.64:1 0.76:1
- Prepare a detailed report to the Director of Element Sdn Bhd on the company's position and performance in terms of liquidity, profitability and solvency. Use the ratios calculated at above as the basis for your commentary. (12 marks)
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Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
4th Edition
0470534788, 978-0470534786
