Question
On December 31, a company's records show the following information: Particulars Amount ($) Inventories 50,000 Trade receivables 50,000 Prepaid expenses 4,000 Cash 30,000 Trade payables
On December 31, a company's records show the following information:
Particulars
Amount ($)
Inventories
50,000
Trade receivables
50,000
Prepaid expenses
4,000
Cash
30,000
Trade payables
100,000
Short-term borrowings
4,000
Using the above information, Calculate:
- Working Capital
- Current Ratio
- Quick ratio
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Mathematical Statistics With Applications In R
Authors: Chris P. Tsokos, K.M. Ramachandran
2nd Edition
124171133, 978-0124171138
