If a business is overtrading, do you think the following ratios would be higher or lower than
Question:
If a business is overtrading, do you think the following ratios would be higher or lower than normally expected?
(a) Current ratio
(b) Average inventories turnover period
(c) Average settlement period for trade receivables
(d) Average settlement period for trade payables.
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Related Book For 
Accounting For Business Students
ISBN: 9781488616570
1st Edition
Authors: Peter Atrill, Eddie Mclaney, David Harvey
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