Question: please solve asap Case Study-1 ABC Inc. is a Corporation with a focus on Garment and textile manufacturing in the UAE. They are now looking

please solve asap
please solve asap Case Study-1 ABC Inc. is a Corporation with a
focus on Garment and textile manufacturing in the UAE. They are now
looking to finance their new project, are looking for a bank to

Case Study-1 ABC Inc. is a Corporation with a focus on Garment and textile manufacturing in the UAE. They are now looking to finance their new project, are looking for a bank to give them a loan. Calculate and interpret the following ratios for two years: a) Current Ratio b) Acid Test Ratio c) Times Interest Earned Ratio d) Debt Ratio e) Accounts Receivable Turnover f) Inventory Turnover g) Days Sales in Inventory h) Average Collection Period [16+8] Based on the ratios calculated above, Can you conclude if any bank would easily give a loan to you? Justify your answer. [2] Standalone statement of comprehensive income S CASE STUDY 1 ABC Inc. is a corporation with a focus on Garment and textile manufacturing in the UAE. They are now looking to finance their new project, are leoking far a bank so give then a loan. Calculate and interpret the following ratios for two years. Determine whether the rise or fall of the following ratios is a good rign of a had sign. (8+4+2=14 marks) a. Current Ratio b. Times Interest Earned Ratio c. Aceounts Receivable Turnover a. Days Sales in lnventory Note: Ploese find the financiat statoments files in the course document. it. Oick Submit to compiete tes arisessmern

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