Question: 2. Ques 1. Liabilities & Equity Assets 300 Net Fixed Assets 400 Capital Reserves 40 Inventories 250 Term Loan 200 Cash 100 Bank C/C 200

2. Ques 1. Liabilities & Equity Assets 300 Net
2. Ques 1. Liabilities & Equity Assets 300 Net Fixed Assets 400 Capital Reserves 40 Inventories 250 Term Loan 200 Cash 100 Bank C/C 200 Receivables 100 Trade Creditors 100 Goodwill 50 Provisions 60 900 900 Calculate a. Net Worth b. Tangible Net Worth c. Outside Liabilities d. Net Working Capital e. Current Ratio f. Quick Ratio 2 x6 = 12

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!