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From the items listed above, generate the following: 1) Income Statement for the business for the period ended October 31, 2020 2) Balance sheet statement
From the items listed above, generate the following:
1) Income Statement for the business for the period ended October 31, 2020
2) Balance sheet statement for the business as at October 31, 2020
3) Using the figures above, compute the following ratios and explain the meaning of computed ratios
a. Quick Ratio
b. Return on Equity
c. Debt to Asset Ratio
d. Asset Turnover ratio
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