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Avoca Ltd is a major retailer selling fishing rods and reels on the Central Coast of NSW. The following ratios are provided by management to
Avoca Ltd is a major retailer selling fishing rods and reels on the Central Coast of NSW. The following ratios are provided by management to assess the performance of the business over the last two years. Required: a) Using the information above discuss how the liquidity, solvency and profitability of Avova Ltd has changed from 2021 to 2022 . In your business. (6 marks) b) Provide two (2) recommendations to Avoca Ltd regarding how the company could improve its solvency in 2023. (2 marks) Avoca Ltd is a major retailer selling fishing rods and reels on the Central Coast of NSW. The following ratios are provided by management to assess the performance of the business over the last two years. Required: a) Using the information above discuss how the liquidity, solvency and profitability of Avova Ltd has changed from 2021 to 2022 . In your business. (6 marks) b) Provide two (2) recommendations to Avoca Ltd regarding how the company could improve its solvency in 2023. (2 marks)
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