Weston Trading Ltd has the following balance sheet figures.The quick asset ratio is:
$\begin{array}{llcc}
& \text { \$ } \
\text { Total current assets} &500000\
\text { Total current liabilities } &150000\
\text { Inventory} &200000\
\text { Bank} &30000\
\end{array}$

A)1.67:1
B)1:1
C)2:1
D)3.33:1

Question

Weston Trading Ltd has the following balance sheet figures.The quick asset ratio is:
$\begin{array}{llcc}
& \text { \$ } \
 \text {  Total current assets} &500000\
 \text { Total current liabilities } &150000\
 \text {  Inventory} &200000\
 \text {  Bank} &30000\
\end{array}$

A)1.67:1
B)1:1
C)2:1
D)3.33:1

Quizplus · Accepted Answer

The Answer of Weston Trading Ltd has the following balance sheet figures.The quick asset ratio is:
$\begin{array}{llcc}
& \text { \$ } \
 \text {  Total current assets} &500000\
 \text { Total current liabilities } &150000\
 \text {  Inventory} &200000\
 \text {  Bank} &30000\
\end{array}$

A)1.67:1
B)1:1
C)2:1
D)3.33:1

Weston Trading Ltd Has the Following Balance Sheet Figures A)167:1 B)1:1 C)2:1 D)3

Weston Trading Ltd Has the Following Balance Sheet Figures A)167:1
B)1:1
C)2:1
D)3