Question
Williams Ltd has current assets of 55,000, which includes inventory worth 15,000. Current liabilities are 35,000 and overall net assets are 120,000. What is the
Williams Ltd has current assets of 55,000, which includes inventory worth 15,000. Current liabilities are 35,000 and overall net assets are 120,000. What is the acid test ratio for Williams Ltd?
a)1.14:1b)1.57:1
c)2:1
d)1:1
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Computer Architecture A Quantitative Approach
Authors: John L. Hennessy, David A. Patterson
6th Edition
0128119055, 978-0128119051
