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(a). Perform Liquidity analysis through ratio analysis. Use appropriate ratio that shall help you find meaningful insights and comment. 2 (b). What do you understand

(a). Perform Liquidity analysis through ratio analysis. Use appropriate ratio that shall help you find meaningful insights and comment.

2 (b). What do you understand by IFRS? What are its advantages and disadvantages in the context of Pakistan? Do you think it is appropriate to adopt them for a country like Pakistan where the system is already lagging behind? What do you think about the future of IFRS in Pakistan?

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