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I want a quick solution without explanation Question 22 Not yet answered Marked out of 1.00 P Flag question Following information is given for DecWood
I want a quick solution without explanation
Question 22 Not yet answered Marked out of 1.00 P Flag question Following information is given for DecWood LLC Debtors = 20000 Inventory = 19000 Cash = 25000 Current Liabilities = 10000 Bank Overdraft = 0 Find the Quick Ratio O 2:1 O 1.5:1 O 4:1 O 4.5:1 Question 23 Not yet answered Marked out of 1.00 P Flag question Following is a part of the balance sheet All figures are in OMR Sundry debtors 15000 Sundry creditors 2000 Stock 10000 Prepaid expenses 15000 Outstanding Expenses 1000 Marketable securities 5000 Debentures 10000 Cash 2000 Bill payables 1000 What is the sum of all current liabilities? 4000 O 47000 O 57000 O 14000 Question 24 Not yet answered Marked out of 1.00 P Flag question Cash in hand Cash at bank Accounts Receivable Bills Payable Stock Inventories Prepaid expenses Accrued incomes Sundry Debtors Which of the above is a current Liability? O a. Stock O b. Prepaid expenses c. Sundry Debtors O d. Bills Payable Step by Step Solution
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