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solve the following The following nancial ratios have been calculated for Nova Ltd for the 1wear ended 3t] June 200E: Actual Budgeted Previous year Industry

solve the following

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The following nancial ratios have been calculated for Nova Ltd for the 1wear ended 3t] June 200E: Actual Budgeted Previous year Industry average result: result: Net prot ratio Required: Provide four {4} possible explanations for the results for the various ratios for Solar Ltd and outline their implications for the audit. {10 marks}

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