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ACCT868 Accounting for Financial and Managerial
Answered

You were asked to evaluate the performance of Jeanswest New Zealand for the financial years of 2017 and 2018 based on the audited financial statements submitted to the New Zealand’s Companies Office in September 2019. (See attached audited statements of Jeanswest New Zealand).

Required:

Complete the table below by calculating and commenting on the profitability, liquidity and solvency ratios for 2018 and 2017 for Jeanswest New Zealand. You need to include the formula and workings for each ratio.

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