(a) Calculate the current ratio if current assets are 50,000 and current liabilities are 30,000. (b) If...

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(a) Calculate the current ratio if current assets are £50,000 and current liabilities are £30,000.

(b) If inventory is £28,000, what is the acid test ratio?

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Frank Woods Business Accounting

ISBN: 9780273759287

12th Edition

Authors: Frank Wood. Sangster, Alan

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