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The following data has been extracted from Supermarkets Poland Group financial statements (mainly a cash sales business) Year Current assets Current liabilities Inventory Cost of
The following data has been extracted from Supermarkets Poland Group financial statements (mainly a cash sales business) Year Current assets Current liabilities Inventory Cost of Sales 2019 437,239 185,900 367,176 2,034,917 2020 341,153 140,442 305,767 1,862,031 Required: Calculate the Group's liquidity ratios (current, liquid and working capital) and inventory turnover for each year
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