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Question Completion Status: Question 1 Following are the financial ratios of Sara refinery company 2018 2017 Current Ratio 1.9 1.8 0.9 0.7 Quick Ratio Required:
Question Completion Status: Question 1 Following are the financial ratios of Sara refinery company 2018 2017 Current Ratio 1.9 1.8 0.9 0.7 Quick Ratio Required: a. Indicate whether the current ratio for Sara Refinery Company in 2018 are favorable/unfavorable theoretically. b. What does the current ratio mean to the company? (1.5 marks) c. Give any 3 examples of current Assets considered in quick ratio ? (2 marks) d. Indicate whether the quick ratio for Sara Refinery Company in 2018 are favorable/unfavorable theoretically. e. What does the quick ratio mean to the company? (1.5 marks) f. Recommend what company should do to improve their liquidity with reference to quick ratio. TTT Arial 3 (120) T
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