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Q1. Financial Ratio (6 marks) a. Compare the similarity and difference between Current Ratio and Debt Ratio. (2 marks) b. Do you prefer Current Ratio

Q1. Financial Ratio (6 marks) a. Compare the similarity and difference between Current Ratio and Debt Ratio. (2 marks) b. Do you prefer Current Ratio or Debt Ratio when evaluating a company's debt paying ability and why? (2 marks) C. The higher Current Ratio, the better off the company is. Do you agree? Why? (2 marks)

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