Key working capital and liquidity ratios for A plc are as follows: Required Write a report to
Question:
Key working capital and liquidity ratios for A plc are as follows:
Required
Write a report to one of A plc’s major shareholders on the change in its liquidity and working capital position over the year ended 30 April 20X1.
Transcribed Image Text:
Working capital ratio Liquidity ratio Inventory turnover Trade receivables ratio Trade payables ratio 20X0 1.5 1.1 6.3 52 days 71 days 20X1 1.7 0.8 5.9 63 days 78 days
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Dear Shareholder I am writing to inform you about the changes in A plcs liquidity and working capita...View the full answer
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Related Book For
Introduction To Financial Accounting
ISBN: 9781526803009
9th Edition
Authors: Anne Marie Ward, Andrew Thomas
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