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++++++ The following information appeared in the accounting records of Toodo Enterprises: Extract from the Statement of Comprehensive Income for the year ended 31 March

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The following information appeared in the accounting records of Toodo Enterprises: Extract from the Statement of Comprehensive Income for the year ended 31 March 2022 Extract of the Statement of Financial Position as at 31 March 2022 Required: Calculate and comment on the following ratios (where applicable round off answers to two decima places): 4.1 Gross margin 4.2 Current ratio 4.3 Acid-test ratio

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