Question
The following ratios of a business are given to you. You are requested to interpret and do the financial judgement based on your understanding. (10
The following ratios of a business are given to you. You are requested to interpret and do the financial judgement based on your understanding. (10 marks)
Current ratio 564 880 / 351 100 = 1.6 times
Profit margin 102 500 / 2 900 000 = 3.5%
Stock turn-over 1 750 000 / 135 230 =12.94 times
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Guardians Of Finance
Authors: James R. Barth, Gerard Caprio, Ross Levine
1st Edition
0262526840, 978-0262526845
