ETE E2. Calculate current ratio and Liquid/Quick ratio from the following:RO 400,000RO 80,000RO 40,000RO 160,000RO 160,000Sundry debtorsMarketable securitiesStockCashRO 160,000RO 120,000RO 80,000RO 200,000Prepaid expensesSundry creditorsOutstanding ExpensesBill payablesDebentures

2. Calculate current ratio and Liquid/Quick ratio from the following: RO 400,000 RO 80,000 RO 40,000 RO 160,000 RO 160,000 Sundry debtors Marketable securities Stock RO 160,000 RO 120,000 RO 80,000 RO 200,000 Cash Prepaid expenses Sundry creditors Outstanding Expenses Bill payables Debentures

2. Calculate current ratio and Liquid/Quick ratio from the following: RO 400,000 RO 80,000 RO 40,000 RO 160,000 RO 160,000 Sundry debtors Marketable securities Stock RO 160,000 RO 120,000 RO 80,000 RO 200,000 Cash Prepaid expenses Sundry creditors Outstanding Expenses Bill payables Debentures

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter9: Metric-analysis Of Financial Statements

Section: Chapter Questions

Problem 3SEQ

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