Grammar Ltd reports the following information. From this information, calculate and interpret the following ratios (year-end figures
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Grammar Ltd reports the following information.
From this information, calculate and interpret the following ratios (year-end figures have to be used because the comparative year figures are not available) and prepare a report on the financial position and performance of Grammar Ltd.
(a) Liquidity ratio
(b) Return on equity
(c) Return on assets using:
(i) Profit
(ii) EBIT
(d) Debt ratio.
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Related Book For
Accounting Business Reporting For Decision Making
ISBN: 9780730369325
7th Edition
Authors: Jacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver, David Bond
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