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Consider the following information provided by Coolco Pty Ltd:Liquid ratios at30/6/14 0.85:130/6/15 0.98:130/6/16 1.12:1Considering only this information, which of the following statements bestdescribes the interpretation of these figures?Select one:a. The profitability of the business is improvingb. The business is not making the best use of its assetsc. The bank overdraft is likely to be growing to create this trendd. The business has an increasing ability to quickly meet its immediate andshort term liabilities
Question11Not yetansweredMarked out of1.00Consider the following information provided by Hotpot Pty Ltd:Inventory turnover at30/6/14 5.10 times30/6/15 4.21 times30/6/16 3.63 timesConsidering only this information, which of the following statements bestdescribes the interpretation of these figures?Select one:
Question12Not yetansweredMarked out of1.00Consider the following information provided by Bestco Pty Ltd:Net profit before tax $1,600,000Tax rate 30%10% Preference shares $2,000,000Market price of an ordinary share $1.34 eachMarket price of a preference share $0.82 eachOrdinary shares @ $1.50 each as per the accounts $3,000,000The earnings per share is:Select one:
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Balance Sheet, Generally Accepted Accounting Principles

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