From the following information, calculate current ratio. Trade receivables (debtors) 1, 00,000 Bills payable 20,000 Prepaid Expenses 10,000 Sundry Creditors 40,000 Cash and cash equivalents 30,000 Debentures 2,00,000 Short term investments 20,000 Inventories 40,000 Machinery 7,000 Expenses Payable 40,000
From the following information, calculate current ratio. Trade receivables (debtors) 1, 00,000 Bills payable 20,000 Prepaid Expenses 10,000 Sundry Creditors 40,000 Cash and cash equivalents 30,000 Debentures 2,00,000 Short term investments 20,000 Inventories 40,000 Machinery 7,000 Expenses Payable 40,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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From the following information, calculate
Trade receivables (debtors) 1, 00,000 Bills payable 20,000
Prepaid Expenses 10,000 Sundry Creditors 40,000
Cash and cash equivalents 30,000 Debentures 2,00,000
Short term investments 20,000 Inventories 40,000
Machinery 7,000 Expenses Payable 40,000
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