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The following are the summarized financial statements of D. limited: Note: 1. 80% of the sales are on credit. 2. The opening stock for the
The following are the summarized financial statements of D. limited: Note: 1. 80% of the sales are on credit. 2. The opening stock for the financial year 2021 was valued at Sh. 13,000,000. 3. In 2021 the share was trading averagely at sh.45 and in 2022 at sh. 38 . Required: Analyze the performance of this business in the Five critical areas of Ratio analysis
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