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Transcription of this question: 3.(a)(b)(c)Define the following terms:(i) pmfitability (line 64)(ii) liquidity (line 1 II).Using data from Appendix 2, calculate the liquidity ratios for theUSA subsidiary Of N-Pharma in the financial years 2008 and 2009.Analyse the liquidity ratios calculated in part (b) from the perspective Of twostakeholders Of N-Pharma.[2 marks][2 marks][4 marks][7 marks]

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