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3. a) Calculate the 8 financial ratios for Paradise Plc (Full accounts listed in the appendix) (12 marks) b) Comment on the performance of Paradise Plc based on the ratios calculated in part a. (5 marks) c) What problems might Paradise have if they operate the business with very little cash? (5 marks) d) Despite its drawbacks why do so many analysts rely on ratio analysis (8 marks)

Fig: 1