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Outline the general information contained in the Balance Sheet of a business and what it tells us about the business. 10 marks b) Taking one

Outline the general information contained in the Balance Sheet of a business and what it tells us about the business. 10 marks b) Taking one Financial and one Profitability ratio of your choice, briefly describe: (i) How each ratio is calculated; (ii) What each ratio tells us about the business.

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