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Required:Calculate and comment on the following ratios (where applicableround off answers to two decimal places):1.1 Gross margin (4)1.2 Current ratio (4)1.3 Acid-test ratio (4)1.4 Debtors

Required:Calculate and comment on the following ratios (where applicableround off answers to two decimal places):1.1 Gross margin (4)1.2 Current ratio (4)1.3 Acid-test ratio (4)1.4 Debtors colle 1 answer

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