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The following financial ratios have been calculated for Nova Ltd for the year ended 30 june 2008 The following financial ratios have been calculated for

The following financial ratios have been calculated for Nova Ltd for the year ended 30 june 2008

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The following financial ratios have been calculated for Nova Ltd for the year ended 30 June 2008: Budgeted Previous year Industry average reSults \"m 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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