The financial information below has been extracted from the accounts of Coconut Plantations Pty Ltd. Jo Geter,
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The financial information below has been extracted from the accounts of Coconut Plantations Pty Ltd. Jo Geter, the sole shareholder, wants to evaluate the cash position of her company and understands she will need to calculate some cash-based ratios to do this. She has asked for your assistance as you are studying a course in accounting. Help your friend by calculating some cash-based ratios.
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Cash from operating activities Capital expenditure Current liabilities Non-current liabilities Sales Dividend paid $ 170 600 160 000 148 400 131 000 1550 000 14790
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1 Cash ratio This ratio measures a companys ability to pay its current liabilities using only its mo...View the full answer
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Related Book For
Accounting Business Reporting For Decision Making
ISBN: 9780730363415
6th Edition
Authors: Jacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver
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