From the table above, analyze and interpret the calculated financial ratio for Liquidity Ratio of Top Glove and Hartalega in 2020 as well as recommend which company should Salam Berhad invest in with proper justification.

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RATIO TOP GLOVE HARTALEGA Current ratio: 4287653 1088521433 Current assets 2132524 407039182 Current liabilities = 2.01 times = 2.67 times Quick ratio: (4287653 – 530729) (1088521433 – 273908980) Current assets – inventory 2132524 407039182 Current liabilities = 1.76 times = 2.00 times RATIO TOP GLOVE HARTALEGA Current ratio: 4287653 1088521433 Current assets 2132524 407039182 Current liabilities = 2.01 times = 2.67 times Quick ratio: (4287653 – 530729) (1088521433 – 273908980) Current assets – inventory 2132524 407039182 Current liabilities = 1.76 times = 2.00 times

Answer rating: 100% (QA)

Interpretation of Liquidity Ratio Following table shows the liquidity Ratios of Top Glove and Hartal... View the full answer