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Posted on Aug 20, 2024

You have been given the following information is provided for the company GLTD Logistics at the end of the accounting period (figures are in euro):

Current ratio = 9

Quick ratio = 7

Working capital = 1,600,000

You are required to answer the following questions:

- Calculate the inventory at the end of the accounting period for the company GLTD Logistics (with available data & ratios).

- Discuss the liquidity and working capital of the company GLTD Logistics. (your answer on subject 2/b should not exceed 250 words)

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