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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...
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