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Statement of financial position Notes R R Noncurrent assets 2 19000 Vehicles 48000 Equipment 67000 Current assets 269000 Stock 32000 Debtors 61000 Bank 83000 Cash
| Statement of financial position | |||
| Notes | R | R | |
| Noncurrent assets | 2 | 19000 | |
| Vehicles | 48000 | ||
| Equipment | |||
| 67000 | |||
| Current assets | 269000 | ||
| Stock | 32000 | ||
| Debtors | 61000 | ||
| Bank | 83000 | ||
| Cash float | 93000 | ||
| TOTAL ASSETS | 336000 | ||
| Equity and liabilities | |||
| Owners equity | 277000 | ||
| Non-current liabilities | 25000 | ||
| Loan: Helpful bank | 25000 | ||
| Current liabilities | 34000 | 34000 | |
| Creditors | |||
| TOTAL EQUITY AND LIABILITIES | 336000 | ||
| 1. Calculate the debt to equity ratio | |||
| 2.Calculate the debt to asset ratio | |||
| 3.What is the current ratio | |||
| 4.What is the acid test ratio | |||
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Introduction To Mathematical Finance Discrete Time Models
Authors: Stanley R. Pliska
1st Edition
1557869456, 9781557869456
