Haleem trading company is a popular distributor in Salala, having operations in the entire Oman. Over these years, the company has gained a very good public opinion and quiet a big number of loyal customers. During the last year, the company has faced a serious liquidity crisis in the last year. The management of the company wants to check the liquidity ratios of the last year in order to plan for the current year. You are asked to help the management in computing the liquidity ratios. The Balance Sheet of Haleem trading company for the year ending 31-12-2020 Choose the Current ratio and Quick ratio from the following? a. Current ratio is 2.43 and Quick ratio is 1.35 b. Current ratio is 1.35 and Quick ratio is 2.40 c. Current ratio is 1.35 and Quick ratio is 2 d. Current ratio is 2 and Quick ratio is 1.35
Haleem trading company is a popular distributor in Salala, having operations in the entire Oman. Over these years, the company has gained a very good public opinion and quiet a big number of loyal customers. During the last year, the company has faced a serious liquidity crisis in the last year. The management of the company wants to check the liquidity ratios of the last year in order to plan for the current year. You are asked to help the management in computing the liquidity ratios.
The
Choose the Current ratio and Quick ratio from the following?
Current ratio is 2.43 and Quick ratio is 1.35
Current ratio is 1.35 and Quick ratio is 2.40
Current ratio is 1.35 and Quick ratio is 2
Current ratio is 2 and Quick ratio is 1.35
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