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c The statement of financial position of a business includes the following information: E Trade receivables: 20,000 Trade payables: 9,000 Bank overdraft: 6,000 Inventory: 25,000
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The statement of financial position of a business includes the following information: E Trade receivables: 20,000 Trade payables: 9,000 Bank overdraft: 6,000 Inventory: 25,000 What is liquid ratio? Select one: a. 1.33:1 b. 0.71:1 C. 3:1 O d. 1.25: 1 Step by Step Solution
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