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(a) Use each of the ratios calculated in (a) above and analyze Urbans Ltd.s financial stability and operating efficiency. (b) Identify two (2) limitations of

(a)Use each of the ratios calculated in (a) above and analyze Urbans Ltd.s financial

stability and operating efficiency.

(b) Identify two (2) limitations of ratio analysis.

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The following financial statements were extracted from the books of Urban Ltd: Urban Ltd. Income Statement for year ending December Urhan I.td.. Balance Sheet as at December 31,2020 Ine 1oHowing inancial ratios were extracted from Urban Lid., Books and compared to industry average: The following financial statements were extracted from the books of Urban Ltd: Urban Ltd. Income Statement for year ending December Urhan I.td.. Balance Sheet as at December 31,2020 Ine 1oHowing inancial ratios were extracted from Urban Lid., Books and compared to industry average

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