Haleem trading company is a popular distributor in Salala, having operations in the entire ears, the company has gained a very good public opinion and quiet a big number of loyal ne last year, the company has faced a serious liquidity crisis in the last year. The managem ants to check the liquidity ratios of the last year in order to plan for the current year. You e management in computing the liquidity ratios. The Balance Sheet of Haleem trading company for the year ending 31-12- Equity and Liabilities OMR Assets Equity Share Capital Capital Reserve 8% Loan on Mortgage Creditors Bank overdraft 40,000 Plant and Machinery 8,000 Land and Buildings 32,000 Fumiture & Fixtures 16,000 Stock 18,000 Debtors Investments (Short-term) Cash in hand Profit and Loss A/. 12.000

Haleem trading company is a popular distributor in Salala, having operations in the entire ears, the company has gained a very good public opinion and quiet a big number of loyal ne last year, the company has faced a serious liquidity crisis in the last year. The managem ants to check the liquidity ratios of the last year in order to plan for the current year. You e management in computing the liquidity ratios. The Balance Sheet of Haleem trading company for the year ending 31-12- Equity and Liabilities OMR Assets Equity Share Capital Capital Reserve 8% Loan on Mortgage Creditors Bank overdraft 40,000 Plant and Machinery 8,000 Land and Buildings 32,000 Fumiture & Fixtures 16,000 Stock 18,000 Debtors Investments (Short-term) Cash in hand Profit and Loss A/. 12.000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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