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Almeria company is running its business since 2000 in sultanate of Oman. It has Cash in hand OMR 40,000, Debtors OMR 20,000, Stock in Hand
Almeria company is running its business since 2000 in sultanate of Oman. It has Cash in hand OMR 40,000, Debtors OMR 20,000, Stock in Hand OMR 10,000, Creditors OMR 15,000 Bank Overdraft OMR 15,000, Capital OMR 60,000. The company asks the accountant Ms. Amal to calculate quick ratio? What is the result Ms. Amal gives to them? Ob.3 Ocz O d. None Oman ceramics LC has average inventory conversion period of 72 days, average payment period of 62,5 days, cash conversion cycle of the company is 90 days. Find out the Average collection period of the company? a. + 99.5 days b. + 80.5 days OC-80 days O d.+ 96.5 days
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