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related to the Statement of Financial position: . Property, plant and equipment was recorded at 89.431 in 2019. Explain the reason why this account was

related to the Statement of Financial position:

.

  1. Property, plant and equipment was recorded at 89.431 in 2019. Explain the reason why this account was listed as the first account under non-current assets.

.

  1. What is the most liquid Asset account for Emirates in 2019? State the account name and respective amount.

.

3.Calculate the Current Ratio considering only the year 2019 accounts

Hint: To calculate Current Ratio use the following formula:

/

.

What is meant by current liabilities? Define it?

.

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