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The latest industry average ratios as published by the industry trade association are as follows: Required: (a) Compute comparable ratios to those listed above for
The latest industry average ratios as published by the industry trade association are as follows: Required: (a) Compute comparable ratios to those listed above for Allen Ltd for 2022 and 2021. All calculations must be clearly shown. (10 marks) (b) Write a report to the company's directors, commenting upon the ratios in 2022 compared to the previous year and with the industry average ratios. (10 marks) (Total 20 marks) The latest industry average ratios as published by the industry trade association are as follows: Required: (a) Compute comparable ratios to those listed above for Allen Ltd for 2022 and 2021. All calculations must be clearly shown. (10 marks) (b) Write a report to the company's directors, commenting upon the ratios in 2022 compared to the previous year and with the industry average ratios. (10 marks) (Total 20 marks)
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