The following data has been extracted from Supermarkets Poland Group financial statements (mainly a cash sales business): Year 2019 2020 Current assets 437,239 341,153 Current liabilities 185,900 140,442 Inventory 367,176 305,767 Cost of Sales 2,034,917 1,862,031 Required: Calculate the Group's liquidity ratios (current, liquid and working capital) and inventory turnover for each year.
The following data has been extracted from Supermarkets Poland Group financial statements (mainly a cash sales business): Year 2019 2020 Current assets 437,239 341,153 Current liabilities 185,900 140,442 Inventory 367,176 305,767 Cost of Sales 2,034,917 1,862,031 Required: Calculate the Group's liquidity ratios (current, liquid and working capital) and inventory turnover for each year.
Chapter12: Current Liabilities
Section: Chapter Questions
Problem 3MC: The following is selected financial data from Block Industries: How much does Block Industries have...
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