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Here are the best resources to pass MGMT 2 (MGMT2). Find MGMT 2 (MGMT2) study guides, notes, assignments, and much more.
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ALL ANSWERS 100% CORRECT GUARANTEED GRADE A+
Exam (elaborations) • 18
pages
• 2022
Using the data in Appendix C, calculate the following ratios for Drake Hotels PLC in

2020.

[6 marks]

Marks for this question: AO1 = 2, AO2= 4

Current ratio

0.83:1 or 0.83 (3 marks)

3 marks for correct answer

1 mark for correct selection of current asset £15m

1 mark for correct selection of current liabilities £18m

Formula alone = 1 mark

Gearing

62.22% (3 marks)

3 marks for correct answer

1 mark for correct selection of non-current liabilities £280m

1 mark for correct calculation...
ALL ANSWERS 100% CORRECT GUARANTEED GRADE A+
Last document update:
ago
Using the data in Appendix C, calculate the following ratios for Drake Hotels PLC in

2020.

[6 marks]

Marks for this question: AO1 = 2, AO2= 4

Current ratio

0.83:1 or 0.83 (3 marks)

3 marks for correct answer

1 mark for correct selection of current asset £15m

1 mark for correct selection of current liabilities £18m

Formula alone = 1 mark

Gearing

62.22% (3 marks)

3 marks for correct answer

1 mark for correct selection of non-current liabilities £280m

1 mark for correct calculation...
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