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QUESTION ONE You have been hired as an analyst and your team is working on an independent assessment of Dolly Inc. Dolly Inc. is a
QUESTION ONE You have been hired as an analyst and your team is working on an independent assessment of Dolly Inc. Dolly Inc. is a firm that specializes in the assembly of imported farm machinery from China. Your assistant has provided you with the following data on calculated ratios;
This document contains ink, shapes an... QUESTION ONE You have been hired as an analyst and your team is working on an independent assessment of Dolly Inc. Dolly Inc. is a firm that specializes in the assembly of imported farm machinery from China. Your assistant has provided you with the following data on calculated ratios; In the annual report to the shareholders, the CEO of Dolly Inc. wrote, \"2022 was a good year for the firm with respect to our ability to meet our short-term obligations. We had higher liquidity largely due to an increase in highly liquid current assets (cash, account receivables and short-term marketable securities). Our gearing is sustainable and various aspects of turnover are impressive. We have recorded impressive profitability levels and therefore future prospects are looking very bright.\" Required Analyse the CEO assessment against the ratios calculated above. \\( (\\mathbf{1 0} \\) Marks) QUESTION TWO Technical analysis, or charting, searches for patterns in the price or volume history of a stock to predict future price movements. Below are three charts showing the price pattern of shares of Limuru Tea Co. Ltd. Chart 1 One year simple moving average Chart 2 Three years simple moving average Chart 3 Five years simple moving averageStep by Step Solution
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