$6$:$27$

ANALYSING FINANCIAL STATEM...

QUESTION $2$

Using the information provided for Small Town Limited:

A$.$ Prepare Common$-$size Financial Statements for $2019$

B$.$ Calculate a set of Accounting Ratios for $2019$ & $2018$ to include:

Profitability

Liquidity

Activity & Efficiency

Leverage

Market prospects

C$.$ Comment on the financial health of Small Town Limited, based on calculations done in parts $A$&$B.$

$\backslash$table$[[$Small Town Limited$],[$Income Statements$],[$for the year ended $31$ December$],[,2019,2018],[,$$$,$$