Essay
The following ratios have been calculated for Peters Limited for 2021: Profit margin. ................................................................... 20 %
Interest coverage ............................................................ 12 times
Receivables turnover ..................................................... 5 times
Current ratio.................................................................... 2.5:1
Acid-test ratio.................................................................. 1.4:1
Debt to total as sets ........................................................ 24 % The 2021 financial statements for Peters Limited with missing information follows: 
Correct Answer:
Verified
Correct Answer:
Verified
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