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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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