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Can I read Class 12 Accounting Ratios Guide on EtoBox?
Class 12 Accounting Ratios Guide by Mohammad Khalil is a document available to read on EtoBox.
What is Class 12 Accounting Ratios Guide about?
The document contains calculations of various financial ratios for a company: 1) The current ratio is 1.17:1, indicating the company has $1.17 in current assets for every $1 in current liabilities. 2) The quick ratio is 0.51:1, meaning the company has $0.51 in liquid current assets for every $1 in current liabilities. 3) The return on assets is 9.22%, showing net income is 9.22% of average total assets.
- Author
- Mohammad Khalil
- Language
- EN