Degas plc has the following ratios for the current year Current ratio 1 00 1 Acid test ratio 0 75 1 Return on equity 10 0 (based on year end equity figure) Non current liabilities Total equity 2 1 Cruuent Liabilities (CL) Non Current Liabilities (NCL) 0 25 1 The profit for the year was 5 million W...

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Degas plc has the following ratios for the current year Current ratio 1.00:1 Acid-test ratio 0.75:1...

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Degas plc has the following ratios for the current year Current ratio 1.00:1 Acid-test ratio 0.75:1 Return on

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Degas plc has the following ratios for the current year Current ratio 1.00:1 Acid-test ratio 0.75:1...

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