Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Type of Ratio/ Years 2019-RM000.00 2020-RM000.00 2021-RM000.00 Current Ratio: Current Assets / Current Liabilities 897,441 / 411,888 = 2.18 1,088,521 / 407,039 = 2.67 4,414,186
Type of Ratio/ Years | 2019-RM000.00 | 2020-RM000.00 | 2021-RM000.00 |
Current Ratio: Current Assets / Current Liabilities | 897,441 / 411,888 = 2.18 | 1,088,521 / 407,039 = 2.67 | 4,414,186 / 1,416,602 = 1.41 |
Quick Ratio: (Current Assets Inventories) / Current Liabilities | (897,441 - 275,527) / 411,888 = 1.51 | (1,088,521 - 273,908) / 407,039 = 2.00 | (4,414,186 - 633,455) / 1,091,278 = 2.67 |
Cash Ratio: Cash and equivalent / Current liabilities | 150,391 / 411,888 = 0.37 | 305,161 / 407,039 = 0.75 | 2,668,741 / 1,416,602 = 1.88 |
Net Working Capital Ratio: Current Assets Current Liabilities | 897,441 - 411,888 = 485,553 | 1,088,521 - 407,039 = 681,482 | 4,414,186 -1,416,602 = 2,997,584 |
- Analysis of The Relevant Liquidity for Hartalega Holdings Berhad for the End 2019, 2020 and 2021 :
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started