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ABC Ltd wants to assess its financial performance by comparing its ratios with industry benchmarks. Given the following information: - Current Ratio: 2.5 - Debt-to-Equity
ABC Ltd wants to assess its financial performance by comparing its ratios with industry benchmarks. Given the following information: - Current Ratio: 2.5 - Debt-to-Equity Ratio: 0.6 - Return on Assets (ROA): 10% - Return on Equity (ROE): 15% Compare these ratios with industry averages and provide insights into ABC Ltd's performance relative to its peers.
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