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Given that current ratio of XYZ Company in the year 2001 is 1.31times, and its current liability value is Ksh.540 Calculate the current asset value...

      

Given that current ratio of XYZ Company in the year 2001 is 1.31times, and its current liability value is Ksh.540 Calculate the current asset value of XYZ's company.

  

Answers


Ruth
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Therefore current asset value =current ratio value *current ratio
= 540*1.31
= 707
NatalieR answered the question on February 9, 2022 at 10:20


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