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Question one a. The information below was extracted from the books of Shelly LTD; Sh Cost of goods sold 500,000 Cash and short-term marketable 340,000

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Question one a. The information below was extracted from the books of Shelly LTD; Sh Cost of goods sold 500,000 Cash and short-term marketable 340,000 Securities Purchases 1,800,000 Average inventory 190,000 Operating income 180,000 Fixed assets 3,000,000 Current liabilities 750,000 Net sales 1,000,000 Trade payables 800,000 Current assets 685,000 Required Calculate any six ratios using the information above. b. Explain the relevance of financial analysis to Kenyan businesses. (12 marks) (8 marks)

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