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Kindly advise on the key assumptions that can be made for a company with financial ratios as these below; Liquidity Ratios: - Current ratio for
Kindly advise on the key assumptions that can be made for a company with financial ratios as these below;
Liquidity Ratios: -
Current ratio for 2018 and 2019 are 15.90 and 14.25 respectively.
Quick ratio for 2018 and 2019 are 3.40 and 8.0 respectively.
Leverage Ratios: -
Debt-to-asset ratio was 6.30% for 2018 and 7.10% for 2019.
Debt-to-equity ratio was 6.70% for 2018 and 6.30 % for 2019.
Profitability Ratios: -
Return on Asset (ROA) was -0.63% for 2018 and 5.92% for 2019.
Return on Equity (ROE) was -0.67% for 2018 and 6.29% in 2019.
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