14.10A Tadcaster Terrier Limited has the following working capital items in its balance sheet at 31 May
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14.10A Tadcaster Terrier Limited has the following working capital items in its balance sheet at 31 May 20X1:
£
Stock 88 700 Creditors 90450 Debtors 85210 Bank overdraft 16 790 The current ratio (working to two decimal places) for Tadcaster Terrier Limited is:
a) 1.62:1
b) 0.62:1
c) 1.9:1
d) 0.79:1.
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Related Book For
Business Accounting And Finance For Non Specialists
ISBN: 9781861528728
1st Edition
Authors: Catherine Gowthorpe
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