Henry Mellett has the following extracts from his statement of financial position as at 31 March 2012:

Question:

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Calculate the following ratios:

(a) Current ratio

(b) Quick ratio

(c) Gearing ratio.

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Accounting

ISBN: 9781119977186

3rd Edition

Authors: Michael J. Jones

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Question Posted: May 20, 2024 02:04 AM

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Henry Mellett has the following extracts from his statement of financial position as at 31 March 2012:

Question:

Current Assets Inventory Trade receivables Cash 18,213 12,407 1,283 Current Liabilities Trade payables 14,836 Non-current liabilities 30,000 Net assets 150,000

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Accounting

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