Question: Q2 A financial statement for HM Ltd are given below for the two years ended 31 March 2021 and 2022. HM Limited operates a department

Q2 A financial statement for HM Ltd are given below for the two years ended 31 March 2021 and 2022. HM Limited operates a department store in the shopping mall. HM Limited Incomplete Financial Position as at 31 March Required: a) Choose and calculate eight ratios that would be helpful in assessing the performance of HM limited. Use end of year values and calculate ratios for both 2021 and 2022 . (1 decimal point and show all your workings) (20 marks) b) Using the ratios calculated in a) together with graphs/charts and any other you consider helpful, comments on the HM business's performance from the viewpoint of a prospective purchaser of majority of shares

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