Homework Answers
Answer
a) Current ratio = Current assets = 75000 = 1.5
-------------------- ---------------
Current Lability 50000
Current Ratio 1.5 : 1
b) Current ratio = Current assets = 75000 = 75000 = 3
-------------------- --------------- -------------
Current Lability ( 50000- 25000) 25000
Current Ratio 3 : 1
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part b)? :)
part a is 1.5
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