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4.2 Comment briefly but meaningfully on the following ratios that were calculated from the financial statements of Project K: 2019 2018 Current ratio 1.20:1 1.07:1

4.2 Comment briefly but meaningfully on the following ratios that were calculated from the financial statements of Project K:

2019 2018

Current ratio 1.20:1 1.07:1

Return on capital employed 32.65% 24.45%

Trade payables period 87.6 days 59 days

Note:

Credit terms from suppliers are 60 days.

The interest rate on loans is 16% p.a.

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