Question: What 3 major conclusions can be drawn from the ratios below about the companys future? Explain. (3 marks) Ratio 20X1 20X2 20X3 20X4 Current ratio

  1. What 3 major conclusions can be drawn from the ratios below about the companys future? Explain.

(3 marks)

Ratio

20X1

20X2

20X3

20X4

Current ratio

1.75

1.53

1.58

1.23

Quick ratio

1.05

0.85

0.89

0.68

Return on assets

0.07

0.06

0.07

-0.10

No.

Major conclusions about the companys future

1

2

3

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