Question
Abc. Statement of Financial Position has Total Assets worth 200,000 wherein 160,000 is non-current. It also has Total Liabilities worth 300,000 wherein 120,000 is non-current.
Abc. Statement of Financial Position has Total Assets worth 200,000 wherein 160,000 is non-current. It also has Total Liabilities worth 300,000 wherein 120,000 is non-current. It was found out that there was an unrecorded depreciation worth 20,000 and unrecorded purchase of merchandise on account worth 15,000.
What is the current ratio?
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Introduction To Mathematical Finance Discrete Time Models
Authors: Stanley R. Pliska
1st Edition
1557869456, 9781557869456
