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Question: 1. Calculate the Quick ratio and super quick ratio by using the below information given. Equity share capital Preference share capital Reserves Debentures Sundry
Question:
- 1. Calculate the Quick ratio and super quick ratio by using the below information given.
Equity share capital Preference share capital Reserves Debentures Sundry creditors Bills payable | 12000 60000 150000 220000 160000 68000 | Fixed Asset Stock and Raw material Stock of finished goods Debtors Bank balance
| 150000 120000 160000 80000 160000 |
Total | 670000 | Total | 670000
|
Score: 5 marks on each ratio.
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