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The following information has been extracted from the financial statements and the notes of Sarah & Tom Ltd. Required A. Calculate the following for 2017
The following information has been extracted from the financial statements and the notes of Sarah & Tom Ltd. Required A. Calculate the following for 2017 to one decimal place: 1. current ratio 2. quick ratio 3. receivables turnover ratio 4. average period for inventory turnover. B. Analyse Sarah & Tom's liquidity
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