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Hi guys, Please help ASAP!! I need the answer to 2.1 - Calculate the current ratio for 2020 and comment. (The ratio for 2019 was

Hi guys,

Please help ASAP!! I need the answer to 2.1 - "Calculate the current ratio for 2020 and comment. (The ratio for 2019 was 1.22:1)"

Thank you!

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QUESTION TWO [20] Bogart Traders Statement of Financial Position for 2020 and 2019 financial years are below: Additional information 1. Bogart's shares are currently trading at R3.20 per share. 2. Replacement cost of assets is R6000000. Abbreviated Statement of Comprehensive Income for the year ended 2020: 2.1 Calculate the current ratio for 2020 and comment. (The ratio for 2019 was 1.22:1 ) (4)

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