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Q2. Selected financial ratios of ABC LTD are as follows: REQUIRED: Prepare a report to the Managing Director of ABC LTD highlighting any significant changes

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Q2. Selected financial ratios of ABC LTD are as follows: REQUIRED: Prepare a report to the Managing Director of ABC LTD highlighting any significant changes in the financial ratios above. a) Why did retum on investment decline? b) Was the increase in debt a result of greater current liabilities or of greater long-term debt? Explain. (40 Marks)

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