Question
The Omega company closed its financial statements at 31/12 with the following values: o Active bank account: 500 o Government securities: 1,500 o Accounts receivable:
The Omega company closed its financial statements at 31/12 with the following values:
o Active bank account: 500
o Government securities: 1,500
o Accounts receivable: 2,000
o Inventories: 1,000
o Patents: 2,000
o Trade payables: 4,000
o Bank loan: 5,000
o Tax payables: 1,000
o Severance pay: 1,500
o Establishment expenses: 2,800
On the basis of the relevant data chosen from the above, calculate the Liquidity Ratio (LR):
a)0,80
b)0,77
c)0,51
d)1,0
e)0,62
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Blockchain Technology In Accounting And Auditing
Authors: Prof Oleksandr Melnychenko
1st Edition
1976900328, 978-1976900327
