Question
At the end of the last financial year. your company's current assets were 81 million and its current liabilities were 75 million. At the end
At the end of the last financial year. your company's current assets were £81 million and its current liabilities were £75 million. At the end of the previous financial year, your company's current assets had been £72 million and its current liabilities had been £62 million. How would you describe your company's current ratio at the end of the last financial year, compared with the end of the previous year.
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Financial Accounting for Decision Makers
Authors: Peter Atrill, Eddie McLaney
6th Edition
273763451, 273763458, 978-0273763451
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