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d) evaluate whether the current ratios calculated indicate an improved liquidity or not. Identify any other change that has contributed to meeting this goal and

d) evaluate whether the current ratios calculated indicate an improved liquidity or not. Identify any other change that has contributed to meeting this goal and comment the impact.

d) calculate the acid test ratio for 2020. will this ratio always be lower than current ratio.

4. Financial Statement Analysis - Part 1 (8 Marks) goment is

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