Which of the following is false? a) Gearing = Long term Liabilities / Total Assets Acid ratio= (Current assets - inventory) Current liabilities Inventory holding period = (Average inventory x 365 days) / (Sales revenue) Dividend per share Dividend of the period / Number of issued ordinary shares 1. capital employed

Which of the following is false? a) Gearing = Long term Liabilities / Total Assets Acid ratio= (Current assets - inventory) Current liabilities Inventory holding period = (Average inventory x 365 days) / (Sales revenue) Dividend per share Dividend of the period / Number of issued ordinary shares 1. capital employed

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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