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average to get into financial trouble. ABCD subscribes to FAME, a financial database. Attached are documents for you to use: 1. FAME reports on
average to get into financial trouble. ABCD subscribes to FAME, a financial database. Attached are documents for you to use: 1. FAME reports on Novus and Harper (Appendices to this brief) 2. Companies House links to their public details: - Harpers https://find-and-update.company- information.service.gov.uk/company/06892284 - Novus https://find-and-update.company- information.service.gov.uk/company/02403551. What I'd like you to do in 650 - 800 words are the following: 1. Report on and explain what accounting ratios we can use to inform ourselves as part of guarding ourselves against the failure of those with whom we choose to work. There is gearing, the current and the quick ratios, but what else? I don't think people can cope with more than 10 ratios - anything up to another half dozen on top of these 3 should be fine. And again, brevity/economy is good! 2. Using all the ratios arising from Task 1 above, report on Novus and Harpers. Do they both pass the financial tests? Please also comment on anything you find that needs to be drawn to the attention of senior management.
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