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    gwentrent's Avatar
    gwentrent Posts: 1, Reputation: 1
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    #1

    Sep 7, 2007, 01:33 PM
    current ratio and non current assets
    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
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #2

    Sep 7, 2007, 02:54 PM
    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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