How do I know what each makes contains.
current assets 25,000
liabilities 40,000
equity 55,000
non current assets=80,000 ( Is this correct)
non current 60,000
total assets 95,000
equity 70,000
current ratio=(?) I don't get this one
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How do I know what each makes contains.
current assets 25,000
liabilities 40,000
equity 55,000
non current assets=80,000 ( Is this correct)
non current 60,000
total assets 95,000
equity 70,000
current ratio=(?) I don't get this one
non current assets=80,000 ( Is this correct)
No, it is 70,000
55,000 + 40,000 - 25,000 = 70,000
Current Ratio = Current Assets / Current Liabilities
what does non current 60,000 mean? Is that non current assets? Non current liabilities?
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