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Question 2 Otjimbingwe Dealer is one of good retail shops in Omatako constituency. The busines financial year ends 31 January. an you have been provided
Question 2 Otjimbingwe Dealer is one of good retail shops in Omatako constituency. The busines financial year ends 31 January. an you have been provided with the following information: For the year ended 31 January 2020 The business decided to compare their liquidity position on 31 January 2020 with the market (industries) which was recorded at 31 December 2019 to see their performance. REQUIRED a) Complete and comment on the following table to show the ratios for Otjimbingwe dealer for the year ended 31 January 2020. Calculations should be correct to two decimal places for (i) and (ii) and should be rounded up to the next whole day for (iii) and (iv), for each of the following ratios comment on the performance of the business in comparison to industry by 31 January 2020. Examble: Place the ratios vou have calculated into the box as below. nevuinev Otjimbingwe dealer is also interested in comparing their results with those of another business and has obtained the financial statement of some other businesses in the same town. b) Explain three factors which a business should bear in mind when attempting to compare their results with the other business
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