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The Following Are the Comparative Financial Statements for Opus Corporation

Question 118

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The following are the comparative financial statements for Opus Corporation for 2020 and 2019: The following are the comparative financial statements for Opus Corporation for 2020 and 2019:   Instructions Comment on the financial performance of OPUS Corp. in terms of  a) Liquidity b) Activity c) Profitability d) Solvency Instructions
Comment on the financial performance of OPUS Corp. in terms of
a) Liquidity
b) Activity
c) Profitability
d) Solvency

Correct Answer:

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a) Liquidity
Current Ratio = 80,000 / 57...

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