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Hi can someone help me answering my ratio analysis assignment for accounting below are 2 companies' income statement and statement of financial position. the 7th
Hi can someone help me answering my ratio analysis assignment for accounting below are 2 companies' income statement and statement of financial position. the 7th 8th and 9th pictures are the questions that needs to filled up. can you explain me the answers. and then tthere'sa part b of the assignment also attached below. thank you!
ARROW LTD. STATEMENT QF FINAKCIAL PQSITION AS AT DECEMBER 31, 2021 CANADIAN DOLLARS (millions of dollars) ASSETS Acct 215/1010 Ratio Analysis - Written Submission You are the loans manager at a local bank. Two companies have approached you about securing a 6-month loan. Based on your calculations in the Microsoft Excel file provided to you by your instructor, please comment on the following: Assess and comment on Arrow and Root's LIQUIDITY ratios. (1 mark) Assess and comment on Arrow and Root's SOLVENCY ratios. (1 mark) Assess and comment on Arrow and Root's PROFITABILITY ratios. (1 mark) Which company would you prefer to give the loan to between Root and Arrow? Explain why. (1 mark) In 23 sentences, describe the concern you would have if you found out that Arrow had upgraded its accounting system this year and the company did not test the new accounting system to make sure the system was processing data correctly? (1 mark)Step by Step Solution
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