LIQUIDITY FORMULA UNIT 2020 2019 2018 RATIOS WORKING Current Assets Current (9,716,448) 22,887,618 22,187,849 Liabilities CAPITAL CURRENT Current Assets / Current 0.66 2.61 2.42 Liabilities RATIO QUICK RATIO (Current Assets - Inventories - prepayments) Liabilities % 0.42 1.65 1.94 Current CASH Cash & Cash Equivalents / 0.23 1.34 1.28 Current Liabilities POSITION RATIO
LIQUIDITY FORMULA UNIT 2020 2019 2018 RATIOS WORKING Current Assets Current (9,716,448) 22,887,618 22,187,849 Liabilities CAPITAL CURRENT Current Assets / Current 0.66 2.61 2.42 Liabilities RATIO QUICK RATIO (Current Assets - Inventories - prepayments) Liabilities % 0.42 1.65 1.94 Current CASH Cash & Cash Equivalents / 0.23 1.34 1.28 Current Liabilities POSITION RATIO
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
What is the financial analysis of each year?

Transcribed Image Text:LIQUIDITY
FORMULA
UNIT
2020
2019
2018
RATIOS
WORKING
Current
Assets
Current
(9,716,448)
22,887,618
22,187,849
Liabilities
CAPITAL
CURRENT
Current
Assets
/
Current
0.66
2.61
2.42
Liabilities
RATIO
QUICK
RATIO
(Current Assets - Inventories -
prepayments)
Liabilities
%
0.42
1.65
1.94
Current
CASH
Cash & Cash Equivalents /
0.23
1.34
1.28
Current Liabilities
POSITION
RATIO
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