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Question #1-CLO 2 (34 marks) The following financial statements were extracted from the books of Urban Ltd: Urban Ltd.. Income Statement for vear ending December

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Question \#1-CLO 2 (34 marks) The following financial statements were extracted from the books of Urban Ltd: Urban Ltd.. Income Statement for vear ending December Urban Ltd.. Balance Sheet as at December 31.2020 The following financial ratios were extracted from Urban Ltd., Books and compared to industry average: Required: (a) Calculate Urban LId.'s ratios for the year ended 31 December 2020 as presented above

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