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QUESTION 5 The following are the summarized accounts for Mwembeshi Ltd, a company with an accounting year ending 30 September. SUMMARISED STATEMENT OF FINANCIAL POSITION
QUESTION 5 The following are the summarized accounts for Mwembeshi Ltd, a company with an accounting year ending 30 September. SUMMARISED STATEMENT OF FINANCIAL POSITION AS AT 30 SEPTEMBER SUMMARISED STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED 30 SEPTEMBER 2017 Required Calculate, for each year, two ratios for each of the following user groups, which are of particular significance to them: (a) Shareholders (b) Trade Payables (c) Internal management
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