Hops and Malt Pty Ltd is a private company that runs a brewery. Its director, Fred, is
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Hops and Malt Pty Ltd is a private company that runs a brewery. Its director, Fred, is concerned that the cash flows for the past year have deteriorated and has provided the following abridged versions of Hops and Malt Pty Ltd’s balance sheet and statement of cash flows.
Required Calculate the short-term cash flow adequacy ratio and the cash flow adequacy ratio for 2025 and 2026 and comment on Hops and Malt Pty Ltd’s ability to meet its current and overall obligations to creditors.
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HOPS AND MALT PTY LTD Statement of financial performance as at 30 June Current assets Non-current assets Total assets Current liabilities Non-current liabilities Total liabilities Net assets Equity 2026 $ 620000 3 760 000 4380 000 2025 $ 640000 3 780 000 4420 000 380 000 320 000 3120 000 3160 000 3500 000 $ 880000 $ 880000 3480 000 $ 940000 $ 940000
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Related Book For
Accounting
ISBN: 9780730382737
11th Edition
Authors: John Hoggett, John Medlin, Keryn Chalmers, Claire Beattie
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