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Bupi Ltd has the following Statement of Financial Position (balance sheet) at the end of 2020. Rm Statement of Financial Position Non-Current Assets Current Assets
Bupi Ltd has the following Statement of Financial Position (balance sheet) at the end of 2020. Rm Statement of Financial Position Non-Current Assets Current Assets 120 60 180 70 Share Capital and retained earnings Long term debt Current liabilities 60 50 180 4.1 Calculate the company's current ratio? (3) 4.2) How would you interpret the company's performance considering the benchmark current ratio of 2:1. (2) (2) 4.3) What would you recommend improving Bupi Ltd's liquidity. (7) 4.4) Determine the company's debt ratio? [14]
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