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Calculate the accounts receivable days ratio for both years Calculate the current ratio for both years. Calculate the quick ratio for both years. Financial statement
Calculate the accounts receivable days ratio for both years
Calculate the current ratio for both years.
Calculate the quick ratio for both years.
Financial statement extracts for year ending 31 December Forecast 20X9 S'000 Actual 20X8 S'000 Revenue Cost of sales Gross Profit 19,850 (12,440) 7,410 16,990 (10,800) 6,190 Inventory Trade receivables Bank Trade payables 1,850 2,750 (810) 1,970 1,330 1,780 560 1,190
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