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C. 5. Analyse and comment on the company's level of liquidity for 2020 which is measured by the following ratios: a. Current ratio b. Acid-Test ratio Accounts Receivable turnover d. Accounts Receivable collection period e. Inventory turnover f. Days of Inventory 6. Comment on the liquidity of the company in 2020. Use the finding of the above ratios compare it to benchmarking available in the internet as much as you can to comment on the performance of each ratio and the liquidity. Cost of Sales = $9,137 Change 30 June 2019 $m % (10.5) 7.3 4.3 30 June 2020 Summary statement of finaancial $m position Current assets 6,534 Non-current assets 37,869 Total assets 44,403 Current liabilities 10,094 Non-current liabilities 19,162 Total liabilities 29,256 Net assets 15,147 Total equity 15,147 Return on average assets (%) 8.0 Return on average equity (%) 12.5 5.7 7,303 35,286 42,589 9,553 18,506 28,059 14,530 14,530 3.5 4.3 4.2 4.2 8.8 (0.8)pp (2.3)pp 14.8 $m $m 856 150 Debt issuance 10 year Euro bond 3 year bilateral loan facility Short term commercial paper and revolving bank facilities (net) Other loans Total Debt repayments 10 year Euro bond Bilateral loan facility 1 year AUD floating rate note AUD private placements Other loans Total 515 (1,499) (800) (300) (60) (122) (2,781) 174 1,695

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