current ratio.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Based on the table below, calculate the current ratio.
Detail
Amount (RM '000.00)
Cash equivalents
34
Inventories
12
Investment
10
Borrowing
10
Financial assets
15
Trade payable
12
Others Currents liabilities
2.3
Loans
3.6
Trade receivables
40
Bank balance
110
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