Question

You have been provided with the following three years of information about the current assets and liabilities of Moyie Ltd.:


Required:
a. Calculate the current ratio and the amount of working capital at the end of each year.
b. Evaluate the liquidity position of Moyie. Interpret the trend over the three-year period.
c. Examine the information provided and explain why the current ratio changed over the period. In your response, consider the changes in the individualaccounts.


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  • CreatedFebruary 26, 2015
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