Question
Statement of Financial Position (Balance sheet) 31/12/2018 Assets: Equity and Liabilities: Property,Plants &Equity 100,000 Share Capital ($0.5 Par) (Common Stocks) 50,000 Investment in Associate 50,000
Statement of Financial Position (Balance sheet) 31/12/2018
Assets:
Equity and Liabilities:
Property,Plants &Equity
100,000
Share Capital ($0.5 Par)
(Common Stocks)
50,000
Investment in Associate
50,000
Share premium (APIC)
20,000
Inventory
10,000
Retained Earnings
15,000
Receivables
7,000
Preference shares
10,000
Cash and Equivalents
5,000
Bank Loan
62,000
Total
172,000
Trade Payable
10,000
Accruals
5,000
Total
172,000
the current ratio is
Select one: a. 1.47 b. 2.24 c. 0.8 d. other
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Sound Investing, Chapter 11 - Crafty Comprehensive Income
Authors: Kate Mooney
1st Edition
0071719334, 9780071719339
