(a(i))[1]
Calculate the current ratio correct to two decimal places.
(a(ii))[1]
Calculate the liquid (acid test) ratio correct to two decimal places.
(a(iii))[1]
Calculate the trade receivables turnover in days.
(a(iv))[1]
Calculate the trade payables turnover in days.
(a(v))[1]
Calculate the inventory turnover in days.
(b)[4]
Discuss the ratios calculated in part (a) with regard to Thaw Limited’s liquidity, and judge the overall position.
(c)[6]
Explain three limitations that apply to ratio analysis.