Q.6 Analysis of Financial Statement: Cash $77.500; Receivable $336.000; Inventory $241,500: Fixed Asset $292.500 Account Payable $129,000; Note Payable $84,000: Other current liabilities $117.000;...

Q.6<br>Analysis of Financial Statement:<br>Cash $77.500; Receivable $336.000; Inventory $241,500: Fixed Asset $292.500<br>Account Payable $129,000; Note Payable $84,000: Other current liabilities $117.000;<br>Long term Debt $256,500; Common equity $361,000<br>Compute<br>i. Working capital<br>ii. Current ratio<br>iii.<br>Quick ratio<br>iv.<br>Receivable turnover, where credit sales were Rs.1600,000<br>v.<br>Inventory turnover where cost of goods sold Rs 1300,000<br>END OF EXAM PAPER<br>FUUAS<br>

Extracted text: Q.6 Analysis of Financial Statement: Cash $77.500; Receivable $336.000; Inventory $241,500: Fixed Asset $292.500 Account Payable $129,000; Note Payable $84,000: Other current liabilities $117.000; Long term Debt $256,500; Common equity $361,000 Compute i. Working capital ii. Current ratio iii. Quick ratio iv. Receivable turnover, where credit sales were Rs.1600,000 v. Inventory turnover where cost of goods sold Rs 1300,000 END OF EXAM PAPER FUUAS

Jun 11, 2022

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Q.6 Analysis of Financial Statement: Cash $77.500; Receivable $336.000; Inventory $241,500: Fixed Asset $292.500 Account Payable $129,000; Note Payable $84,000: Other current liabilities $117.000;...

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