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h) The followina information was obtained from A BC L t d final accounts b) The following information was obtained from ABC Ltd final accounts
b) The following information was obtained from ABC Ltd final accounts i) Overdraft -ii) Quick assets iii) Average stock - iv) Current assets - v) Cost of goods sold Determine the following ratios 850 1220 880 200 4575 i) iii) iv) Current ratio Acid test ratio Average stock Adjusted acid test ratio.
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