Question: Question: 1. Calculate the Quick ratio and super quick ratio by using the below information given. Equity share capital Preference share capital Reserves Debentures Sundry

Question:

1. Calculate the Quick ratio and super quick ratio by using the below information given.

Equity share capital

Preference share capital

Reserves

Debentures

Sundry creditors

Bills payable

12000

60000

150000

220000

160000

68000

Fixed Asset

Stock and Raw material

Stock of finished goods

Debtors

Bank balance

150000

120000

160000

80000

160000

Total

670000

Total

670000

Score: 5 marks on each ratio.

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