Question: Current Assets = CA = R13 million Current Liabilities = CL = R7 million Net Sales = S = R32 million Quick ratio = QR
Current Assets = CA = R13 million Current Liabilities = CL = R7 million Net Sales = S = R32 million Quick ratio = QR = 1 Debtors Collect Period = 30 days Calculate inventory
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
