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Question2 1. Lapiall HUW you would conduct a financial analysis of a corporate customer/business to understand its financial strengths and financial risks. 2. Mr. X

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1. Lapiall HUW you would conduct a financial analysis of a corporate customer/business to understand its financial strengths and financial risks. 2. Mr. X states that (i) ratio analysis is possible without accounting analysis and (ii) current ratio is a better measure of a firm's liquidity than the quick ratio. Do you agree? Explain your views. 3. Hypothetical Manufacturing Ltd provides you with the following details: Current assets of $12m

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