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Foenix has carried on business for a number of years is a tetaler of a wide variety of consumer products and it operates from a

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Foenix has carried on business for a number of years is a tetaler of a wide variety of consumer products and it operates from a number of stores. In recent years the entify has found it necessary to provide creda faclities to its customers in ordet to maintain growth in revenue. As a resut of this decision the flability to its bankers has Required: Using suitable ratios, analyse the information provided and recommend what actions should be taken. Foenix has carried on business for a number of years is a tetaler of a wide variety of consumer products and it operates from a number of stores. In recent years the entify has found it necessary to provide creda faclities to its customers in ordet to maintain growth in revenue. As a resut of this decision the flability to its bankers has Required: Using suitable ratios, analyse the information provided and recommend what actions should be taken

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