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a) Establish the following ratios for 2018: i) Current ratio ii) Acid- Test ratio iv) Accounts receivables Turnover v) Inventory turnover vi) Profit margin vii)

a) Establish the following ratios for 2018:

i) Current ratio

ii) Acid- Test ratio

iv) Accounts receivables Turnover

v) Inventory turnover

vi) Profit margin

vii) Return on stockholders' equity

b) With each of the above ratios, advise the management on the possible business decisions.

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