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e. Calculate and Explain the Current Ratio and Acid Test ratio from the information relating to Olivia Enterprises distributors of Liquid Soap for the period
e. Calculate and Explain the Current Ratio and Acid Test ratio from the information relating to Olivia Enterprises distributors of Liquid Soap for the period ending March 31st 2019 (2 Marks) Current Assets & Current Liabilities Stocks Trade Debtors Cash balances Trade Creditors Other short term liabilities GHC 2,125 3,750 1,350 2,025 635 f. State and explain four (4) limitations of liquidity ratios calculated above
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Information Systems Assurance
Authors: David C Chan
2nd Edition
150081458X, 9781500814588
