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D3. In analysing the financial statements of an entity, the following ratios were calculated. 2019 1.3:1 0.7:1 45 days 4 times 7% 2020 Current ratio

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D3. In analysing the financial statements of an entity, the following ratios were calculated. 2019 1.3:1 0.7:1 45 days 4 times 7% 2020 Current ratio Quick ratio Receivables turnover Inventory turnover Profit margin 0.5:1 30 days 3 times 10% Evaluate the entity's liquidity

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