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X Ltd. Has liquid ratio of 1.5:1. Its stock is ?60,000 and its current liabilities are ?

17 / 01 / 2019 Research Papers

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1) Calculate the amount of current assets and current liabilities from the following: a) Current… 1 answer below » 1) Calculate the amount of current assets and current liabilities from the following: a) Current Ratio: 2.5:1, Working capital: ?60,000 b) Gross Profit : ?1,00,000, Total sales: ?5,25,000, Sales returns: ?25,000.Calculate Gross profit ratio. 2) X Ltd. Has liquid ratio of 1.5:1. Its stock is ?60,000 and its current liabilities are ?1,20,000. Calculate the current ratio. Oct 11 2015 11:11 AM


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