2. Calculate current ratio and Liquid/Quick ratio from the following: RO 400,000 RO 80,000 RO 40,000 RO 160,000 RO 160,000 Sundry debtors Marketable securities Stock RO 160,000 RO 120,000 RO 80,000 RO 200,000 Cash Prepaid expenses Sundry creditors Outstanding Expenses Bill payables Debentures
2. Calculate current ratio and Liquid/Quick ratio from the following: RO 400,000 RO 80,000 RO 40,000 RO 160,000 RO 160,000 Sundry debtors Marketable securities Stock RO 160,000 RO 120,000 RO 80,000 RO 200,000 Cash Prepaid expenses Sundry creditors Outstanding Expenses Bill payables Debentures
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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![ETE E
2. Calculate current ratio and Liquid/Quick ratio from the following:
RO 400,000
RO 80,000
RO 40,000
RO 160,000
RO 160,000
Sundry debtors
Marketable securities
Stock
Cash
RO 160,000
RO 120,000
RO 80,000
RO 200,000
Prepaid expenses
Sundry creditors
Outstanding Expenses
Bill payables
Debentures](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5a61dd62-5213-47c7-ba00-5d146af6f3db%2F48c63c19-62ee-4f69-a7f4-c8898092ee24%2Fsow6hzw_processed.png&w=3840&q=75)
Transcribed Image Text:ETE E
2. Calculate current ratio and Liquid/Quick ratio from the following:
RO 400,000
RO 80,000
RO 40,000
RO 160,000
RO 160,000
Sundry debtors
Marketable securities
Stock
Cash
RO 160,000
RO 120,000
RO 80,000
RO 200,000
Prepaid expenses
Sundry creditors
Outstanding Expenses
Bill payables
Debentures
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