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Presented bel lidity and solvency ratios for XYZ Industries and ABC Enterprises for cent year, along with industry averages. Required: a) Which ratios are solvency
Presented bel lidity and solvency ratios for XYZ Industries and ABC Enterprises for cent year, along with industry averages. Required: a) Which ratios are solvency ratios? (2 marks) b) For each ratio indicate which company is better and why? ( 6 marks) c) Based on your analysis, which company would you as a lender favour? Explain why. (2 marks)
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