question archive How to use information to indicate the financial performance of AirAsia Group Berhad from year 2018 to 2019?
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How to use information to indicate the financial performance of AirAsia Group Berhad from year 2018 to 2019?
Part A.
The performance of Air Asia group can be measured use of ratios, This include:
-Gross profit margin-this measures the percentage of revenue left after deduction of expenses.
-Working capital ratio -This measures the company short term health ,which is current assets less current liabilities.
explanation stap by stap
Part B.
Current ratio-measure the ability of the company to meet its short term obligations.