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full working out The following data are from the financial statements of Macquarie Finance. Required: 1) Calculate the following ratios for both 2022 and 2021.
full working out
The following data are from the financial statements of Macquarie Finance. Required: 1) Calculate the following ratios for both 2022 and 2021. For each ratio, provide the formula, show your workings, and round your answers to two decimal places: Debt to total assets ratio (3 marks) - Return on assets (3 marks) 2) Comment on the ability of the business to survive in long termStep by Step Solution
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