Example (4): Find the value of sales from the following information. 1- Ordinary shares 600 dinars 2- The ratio of current assets to equity is 70% 3- The quick ratio is 2.3 times 4- The turnover ratio Is 2.5 times 5- Liabilities to Equity Ratio 95%
Example (4): Find the value of sales from the following information. 1- Ordinary shares 600 dinars 2- The ratio of current assets to equity is 70% 3- The quick ratio is 2.3 times 4- The turnover ratio Is 2.5 times 5- Liabilities to Equity Ratio 95%
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 6MCQ
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