Question
The following ratios of a business are given to you. You are requested to interpret and do the financial judgement based on your understanding. (10
The following ratios of a business are given to you. You are requested to interpret and do the financial judgement based on your understanding. (10 marks)
Current ratio 564 880 / 351 100 = 1.6 times
Profit margin 102 500 / 2 900 000 = 3.5%
Stock turn-over 1 750 000 / 135 230 =12.94 times
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On the basis of given information interpretation can be made as follows Current ratio is 16 Current ...Get Instant Access to Expert-Tailored Solutions
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Get StartedRecommended Textbook for
Modern Control Systems
Authors: Richard C. Dorf, Robert H. Bishop
12th edition
136024580, 978-0136024583
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