Accounting for managers Question 1 3 a) Current ratio current asset/current liabilities 1.06 1.01 Stability ratios Formula 2018 2019
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Accounting for managers Question 1 3 a) 3 b) 3 c) 3 Question 2 3 Question 3 4 a) 4 b) 5 c) 5 d) 5 e) 5 References 7 Question 1 a) Liquidity ratios Particulars Formula 2018 2019 Current ratio current asset/current liabilities 1.06 1.01 Quick ratios Quick asset/current liabilities 0.88 0.78 Stability ratios Particulars Formula 2018 2019 Debt ratio Total liabilities/total assets 0.78 0.80 leverage ratio total assets/total equity 4.59