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Accounting and Financial Management Essay Preview: Accounting and Financial Management Report this essay PART A Answer Question 1: Gross profit ratio 2007: 16.96% Gross profit ratio 2008: 19.44% Net profit ratio 2007: 1.6% Net profit ratio 2008: 2.08% Working capital ratio 2007: 6.56:1 Working capital ratio 2008: 1.62:1 Quick asset ratio 2007: 2.08:1 Quick asset.