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Financial Ratio Analysis for Accounting in Business

   

Added on  2023-01-10

9 Pages1296 Words71 Views
Accounting for
business

Accounting for business
1
Contents
Part A...................................................................................................................... 2
Part B...................................................................................................................... 4
Part C...................................................................................................................... 5
References................................................................................................................ 7

Accounting for business
2
Part A
Financial Ratio
Analysis 2019 2018
Current Ratio Current assets
21800
0
22200
0
Current
liabilities
10500
0 2.08 81000 2.74
Quick Ratio Quick assets
20000
0
21000
0
Current
liabilities
10500
0 1.90 81000 2.59
Inventory turnover
ratio
cost of goods
sold
29000
0
25000
0
average
inventory
14000
0 2.07
time
s
14000
0 1.79
48.7
6
Day
s
56.5
6

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