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A company has a current ratio of 4:1 and Quick ratio of 2.5:1 if the inventory = SAR 22500 find out total current assets and current liabilities?

Accounting Auditing Financial Accounting Financial Analysis managerial accounting
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Question added by Badruddien Gismallah Ali Abdurahman , مدير مالي واداري , شركة العواد للاستثمار والتطوير
Date Posted: 2014/11/26
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Deleted user
by Deleted user

total current assets =60000

total current liabilities =15000

Faraz Sultan
by Faraz Sultan , head of regional operations , BMSA GLOBAL

Current Assets       =60,000Current Liabilities =15,000

Mohammed Mohammed
by Mohammed Mohammed , Senior SAP Consultant , Abyat Mega Store

15000 is the right answer ........

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