Question: Based on your analysis from Part One, is the change in Current Ratio from 2019 to 2020 an improvement, a deterioration or no change to

Based on your analysis from Part One, is the change in

  1. Based on your analysis from Part One, is the change in Current Ratio from 2019 to 2020 an improvement, a deterioration or no change to one decimal place?

  2. Based on your analysis from Part One, which of the following transactions and events would result in an improvement in Current Ratio in year 2020?

    1. recognising the impairment of plant & equipment

    2. a payment for administrative expenses incurred during the period

    3. an adjustment for accrued interest revenue

    4. A and B only

    5. A and C only

    6. B and C only

    7. All of the above

    8. None of the above

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