use the calculated financial ratio below; compare the performance of Omega Company between 2020 and 2021:...

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use the calculated financial ratio below; compare the performance of Omega Company between 2020 and 2021: Current ratio Acid ratio Inventory turnover Accounts receivable turnover Profit margin Return on assets Return on equity 2021 2020 2.5 1.5 1.4 4 4% 1% 1.1 0.8 0.6 2 2% 0.60% 1.5% 0.90% Industry Average 2 1.25 1.6 2.5 5.2% 1.1% 2.6% Q3: Evaluate the performance of omega company overtime using financial ratios with reference to relevant benchmark above. Q4: make justifiable conclusions; critically evaluate financial statements to assess organisational performance using a range of measures and benchmarks. use the calculated financial ratio below; compare the performance of Omega Company between 2020 and 2021: Current ratio Acid ratio Inventory turnover Accounts receivable turnover Profit margin Return on assets Return on equity 2021 2020 2.5 1.5 1.4 4 4% 1% 1.1 0.8 0.6 2 2% 0.60% 1.5% 0.90% Industry Average 2 1.25 1.6 2.5 5.2% 1.1% 2.6% Q3: Evaluate the performance of omega company overtime using financial ratios with reference to relevant benchmark above. Q4: make justifiable conclusions; critically evaluate financial statements to assess organisational performance using a range of measures and benchmarks.

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