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Question 2 (40 marks) The following information relates to Delta Limited, a private equity company: Delta Limited Summary Profit and Loss Account For the Year

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Question 2 (40 marks) The following information relates to Delta Limited, a private equity company: Delta Limited Summary Profit and Loss Account For the Year Ended 31 December 2021 Delta Limited Summary Balance Sheet As at 31 December 2021 Required: Calculate the following ratios explaining briefly the meaning of each one: a. Current Ratio b. Quick Ratio. c. Stock Turnover Period d. Debtors Turnover Period

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