Question: From the financial information given, compute and interpret 1) Current ratio 2) Debt ratio 3) Inventory turnover 4) Gross profit margin Lee Ming Hou is

From the financial information given, compute and interpret

1) Current ratio

2) Debt ratio

3) Inventory turnover

4) Gross profit margin

From the financial information given, compute and interpret 1) Current ratio

Lee Ming Hou is an owner of ABC Sdn. Bhd., which produces canned food for both local and overseas market. The business closes its account at 31 December each year. The company's financial information for year 2022 are as follow: ABC Sdn. Bhd. Income Statement fhr the vear ended 21 Deremher 9 ol ABC Sdn. Bhd. Statement of Financial Position as at 31 December 2022

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