2004 2003 Sh.000 Sh.000 Current assets 26,400 15,600 Current liabilities ( 13,160 ) (6,400) Net working capital
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Question:
2004 2003
Sh.000 Sh.000
Current assets 26,400 15,600
Current liabilities (13,160) (6,400)
Net working capital 13,240 9,200.
Compute the Current liquidity ratio for the company. And analyze the ratios. using the given data.
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