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1 Calculate the liquidity ratios from the given information: A. Current ratio B. Quick Ratio I C. Absolute Liquid Ratio Liabilities Amt. Assets Amt. Share

1 Calculate the liquidity ratios from the given information: A. Current ratio B. Quick Ratio I C. Absolute Liquid Ratio Liabilities Amt. Assets Amt. Share Capital 200000 Land and Building 140000 Profit and Loss Account 30000 Plant and Machinery 350000 General Reserve 40000 Stock 200000 Debentures 420000 Sundry Debtors 100000 Sundry creditors 100000 Bills Receivable 10000 Bills Payable 50000 Cash at Bank 40000 840000 840000

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