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33 Answer saved Marked out of 1.50 Cirre Curr Mimosa Ltd expects sales revenue of R20 000 and total current assets amounting to R5 000
33 Answer saved Marked out of 1.50 Cirre Curr Mimosa Ltd expects sales revenue of R20 000 and total current assets amounting to R5 000 for the coming year. The company also aims to achieve the following ratios: current ratio of 2,5:1; and acid test ratio of 2:1. Which one of the following alternatives represents a correct amount of inventory? Select one: O a. R6 000 O b. R3 000 c. R1 000 O d. R4 000 Clear my choice 5000
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