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A company's Statement of Financial Position reports its current assets and current liabilities as shown below. Calculate the companys Working Capital ratio and Liquidity ratio?

  1. A company's Statement of Financial Position reports its current assets and current liabilities as shown below. Calculate the companys Working Capital ratio and Liquidity ratio?

Current assets

'000

Current liability

'000

Inventory

548

Trade payable

392

Trade receivable

486

Accrued expense

48

Pre-payments

12

Taxation

118

Cash and bank

32

Dividend declared

6

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