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Question 2 ACER Limited is a listed company on the Ghana Stock Exchange that has plans of increasing its production capacity. The following information relates

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Question 2 ACER Limited is a listed company on the Ghana Stock Exchange that has plans of increasing its production capacity. The following information relates to the financial statements of ACER Limited for 2017 and 2018 financial period. Statement of Profit or Loss and Other Comprehensive Income for the years ended 31st December Required: Calculate for ACER Limited, the following ratios for 2017 and 2018 financial year; a. Gross Profit Ratio b. Return on Capital Employed c. Current Ratio d. Creditors Payment period (Days) e. Debtors Collection Period (Days) f. Interest Cover Ratio

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