Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please type the answer will be better & clear , thankyou 0.85 2020 3 Below is a list of top FMCG companies showing their results
please type the answer will be better & clear , thankyou
0.85 2020 3 Below is a list of top FMCG companies showing their results of Current and Quick ratio for a given year: Market Quick Current S.NO Company Cap ratio ratio 1 Nestle 10,364.31 0,72 2 IFFCO 10,430.51 5,3 6.02 Almaral Company 10,154.06 1,83 2.15 4 Henkel 10,598.01 3 2.02 5 Al Ghurair Investment 9,955.79 1,17 1.66 6 Bateel International 9,627.49 1,53 7 Mezzan Holding Company 11,477.18 3,04 5.05 8 BRF Sadia 11,716.14 1,07 1.07 9 ACNielsen 8,665.90 0,89 0.6 10 United Supply Food Services 8,397.15 1,09 1.85 2.3 Answer the following questions: 1. Which companies has good Current ratios (as per the usual acceptable trend of Current ratio)? List the companies. 16 points 2. What does it mean: A current Ratio of 2.02 for Henkel? 30 points 3. What does it mean: A Quick Ratio of 0.89 for ACNielsen? 30 points 4. Please find the best performing company and give reasons why. 24 points Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started