Question
Count the average of these weights for all three years. Please note that you are to assign weights of 3, 2 and 1 to the
Count the average of these weights for all three years.
Please note that you are to assign weights of 3, 2 and 1 to the financial ratios for FISCAL YEAR 2019, FISCAL YEAR 2018 and FISCAL YEAR 2017 and then compute the weighted average.
| Current Ratio | |||
| Particulars | FY'19 | FY'18 | FY'17 |
| L&T | 1.3 | 1.32 | 1.44 |
| BHEL | 1.59 | 1.83 | 1.96 |
| NBCC | 1.08 | 1.18 | 1.26 |
| Siemens | 1.91 | 1.82 | 1.7 |
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N. Hyman
6th Edition
0030213088, 9780030213083
