$$\begin{array}{l}
\begin{array} {lll }
&£\
\text {Trade payales}&40,000\
\text {Trade receivales}&45,000\
\text {cash and cash equivalents}&15,000\
\text {Taxation parale}&20,000\
\text {The partion af lang-term barrawings repayable}&15,000\
\text {15,000 within 12 manths of the year end date}\
\text {Irvertory}&20,000\
\end{array}
\end{array}$$ Based on the above figures, what is the quick ratio?

Question

$$\begin{array}{l}
\begin{array} {lll } 
&£\
\text {Trade payales}&40,000\
\text {Trade receivales}&45,000\
\text {cash and cash equivalents}&15,000\
\text {Taxation parale}&20,000\
\text {The partion af lang-term barrawings repayable}&15,000\
 \text {15,000 within 12 manths of the year end date}\
\text {Irvertory}&20,000\
\end{array}
\end{array}$$ Based on the above figures, what is the quick ratio?

Quizplus · Accepted Answer

The Answer of $$\begin{array}{l}
\begin{array} {lll } 
&£\
\text {Trade payales}&40,000\
\text {Trade receivales}&45,000\
\text {cash and cash equivalents}&15,000\
\text {Taxation parale}&20,000\
\text {The partion af lang-term barrawings repayable}&15,000\
 \text {15,000 within 12 manths of the year end date}\
\text {Irvertory}&20,000\
\end{array}
\end{array}$$ Based on the above figures, what is the quick ratio?

Based on the Above Figures, What Is the Quick Ratio