Accounting Calculation

    Refer to the `SME Petroleum balance sheet' that is attached and complete the following (500 words total for all parts): Part 1: Analysis Calculate the current ratio and quick ratio for SME Petroleum. What is SME Petroleum's debt to equity ratio? How has the debt to equity position changed between 2010 and 2011? What is the net working capital of SME Petroleum? Part 2: Reporting Based on your analysis of SME Petroleum discuss the following: The relevance of financial analysis to ascertain company performance. The role of financial analysis in project financing.