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n 2022, HomeStar was affected by a decline in the demand for home hardware items and the entry of a major U.S. chain into the

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n 2022, HomeStar was affected by a decline in the demand for home hardware items and the entry of a major U.S. chain into the market. Required 1. Briefly discuss what these financial ratios indicate about how HomeStar was affected by the events of 2022. 2. Which measures have deteriorated during the subsequent periods? 3. Which ratios indicate positive action taken by HomeStar during the subsequent periods

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