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I ' J; QUESTION 9 (5 marks) Athena Ltd manufactures swimming goggles and sell them to retail stores. The managers decide to obtain'the new manufacturing

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I ' J\"; QUESTION 9 (5 marks) Athena Ltd manufactures swimming goggles and sell them to retail stores. The managers decide to obtain'the new manufacturing equipment worth $850,000 .to enhance the automation in production. _ As a result of obtaining such equipment, the business's total expense will be reduced by $70,000. The managers argconsidering the following options: t Option 1: The owner contributes the equipment to Athena Ltd. 0 Option 2: Purchase the equipment with existing cash at the business bank account, a_s_s_ m1_g_ that Athena Ltd has sufficient cash at bank. "" The managers have provided you with following information prior to obtaining the equipment: Sales revenue $600,000 Netpror Total non-current liabilities Total liabilities Total current assets Total assets Total equity $600,000 Required: Falculate the Debt to Equity Ratio, Current Ratio and Net Profit Margin after obtaining the equipment if either Option 1 or Option 2 is taken. (5 marks) Debt to Equity Ratio Current Ratio Net Profit Margin

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