Question: Based purely on Financial Ratios, recommend whether it is better for the company to borrow the AUD 10 Million or issue AUD 10 Million new

Based purely on Financial Ratios, recommend whether it is better for the company to borrow the AUD 10 Million or issue AUD 10 Million new shares.

Current Ratio (a/b) = 1,405/194 = 7.24

Interest coverage Ratio (d/c) = 84,932/22,530 = 3.77

PE ratio (f/e) = 74.14/ -08 = - 927 = 0 (not applicable)

ROE (g/h*100) = 19,780/944*100 = -20.95%

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