The following table represents the current assets and current liabilities of AISuroor Company and Al Bayan Company for the year 2015. Comment on the liquidity of both companies by using two relevant ratios. Explain your answer. AI Suroor Company AI Bayan Company Current assets RO 800,000 RO 500,000 Current liabilities RO 400,000 RO 100,000

The following table represents the current assets and current liabilities of AISuroor Company and Al Bayan Company for the year 2015. Comment on the liquidity of both companies by using two relevant ratios. Explain your answer. AI Suroor Company AI Bayan Company Current assets RO 800,000 RO 500,000 Current liabilities RO 400,000 RO 100,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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