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QUESTION 4 4.1REQUIRED Use the information provided to calculate and comment on the following ratios for 2023. Where relevant, round off answers to two decimal
QUESTION 4 4.1REQUIRED Use the information provided to calculate and comment on the following ratios for 2023. Where relevant, round off answers to two decimal places. 4.1.1 Current ratio (4) 4.1.2 Acid test ratio (4) 4.1.3 Inventory turnover (4) 4.1.4 Debtor collection period (4) 4.1.5 Creditor payment period (4) INFORMATION Extracts of the financial statements of Sani-Tech Limited for 2023 are provided below. Sani- Tech Limited
INFORMATION Extracts of the financial statements of Sani-Tech Limited for 2023 are provided below. Sani- Tech Limited Extract of Statement of Comprehensive Income for the year ended 28 February 2023 Extract of Statement of Financial Position as at 28 February 2023Step by Step Solution
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