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What would be the current ratio and acid test ratio

Tahoulan Ltd Balance sheet extracts as at 31 December
	2013	2014
Current assets	£	£
Stock	6,780	11,456
Debtors	8,760	10,988
Cash	3,455	5,311
	18,995	27,755
Current liabilities
Creditors	13,200	11,322

What would be the Current Ratio and Acid test Ratio.

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Finance Basics: What would be the current ratio and acid test ratio

Reference No:- TGS0672642

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Recent Questions Asked Finance Basics

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Solution Preview :

Prepared by a verified Expert

Finance Basics: What would be the current ratio and acid test ratio

Reference No:- TGS0672642

Recent Questions Asked Finance Basics

Q : History of a chinese royal family

Q : Calculate the amount of gross profit to be recognized

Q : Different types of interviews for employee selection

Q : Calculate the tax effect

Q : What would be the current ratio and acid test ratio

Q : Liquity premium on kay bonds

Q : The insurance company

Q : How firm manages its trade receivables and trade payables

Q : Determine cash flows for project

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