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Additional information: - The bank loan is a non-current liability. - The bank loan is a non-current liability. Required: i. Calculate the current ratio and
Additional information: - The bank loan is a non-current liability. - The bank loan is a non-current liability. Required: i. Calculate the current ratio and debt ratio for 2022 and 2021. ii. Discuss each of the ratios calculated in part (i). In your response, briefly explain what each ratio measures, and how the ration 2022 compares (i.e. has it improved?) iii. Discuss two other ratios that you would be interested in calculating prior to making your investment decision. In your discussion, explain why each of these ratios is important. (Note: you are not required to calculate these ratios)
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