The following information relates to extract from financial data of Dorah Willemse Ltd for the ended 31 December 2010: Current assets - R 65000 Current liabilities - R60000 Accounts receivables -...



The following information relates to extract from financial data of Dorah Willemse Ltd for the ended 31 December 2010:


Current assets - R 65000


Current liabilities - R60000


Accounts receivables - R20000


Inventory - R2000


Goodwill - R40000


Sales (on credit) - R365000


Cost of goods sold - R 280000


Calculate the Current Ratio




Select one:


A. 2.10 to 1

B. 0.10 to 1

C. 0.90 to 1

D. 1.08 to 1




Jun 02, 2022
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