Question
From the table above, analyze and interpret the calculated financial ratio for Liquidity Ratio of Top Glove and Hartalega in 2020 as well as recommend
From the table above, analyze and interpret the calculated financial ratio for Liquidity Ratio of Top Glove and Hartalega in 2020 as well as recommend which company should Salam Berhad invest in with proper justification.
RATIO TOP GLOVE HARTALEGA Current ratio: 4287653 1088521433 Current assets 2132524 407039182 Current liabilities = 2.01 times = 2.67 times Quick ratio: (4287653 530729) (1088521433 273908980) Current assets inventory 2132524 407039182 Current liabilities = 1.76 times = 2.00 times
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Interpretation of Liquidity Ratio Following table shows the liquidity Ratios of Top Glove and Hartal...
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
