Question
calculate profitability, liquidity and leverage ratio based on the following information. RM Building 60,000 Opening Inventory 18,000 Closing inventory 16,000 Bank overdraft 1,780 Rental received
calculate profitability, liquidity and leverage ratio based on the following information.
RM Building 60,000 Opening Inventory 18,000 Closing inventory 16,000 Bank overdraft 1,780 Rental received 4,200 Salary 9,000 Discount received 370 Insurance 3,200 Capital 56,370 Debtor 4,000 Account receivable 7,260 Account payable 7,023 Sales 76,000 Purchase 57,000 Net profit 8,800 Stationeries 460 Bank loan 8,000 3,37,463
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College Accounting
Authors: Heintz and Parry
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