New Year Special - 75% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: ac75sure

Refer to the exhibit.

CIMA BA3 Full Course Access
CIMA BA3 View All Questions

Refer to the exhibit.

A company has the following current assets and liabilities at its most recent year end:

When measured against standard acceptable levels for liquidity, the company can be said to have:

A.

An ideal acid test ratio, but a high current ratio

B.

An ideal current ratio, but a low acid test ratio

C.

A high current ratio and a low acid test ratio

D.

Ideal current and acid test ratios

BA3 PDF/Engine
  • Printable Format
  • Value of Money
  • 100% Pass Assurance
  • Verified Answers
  • Researched by Industry Experts
  • Based on Real Exams Scenarios
  • 100% Real Questions
buy now BA3 pdf
Get 75% Discount on All Products, Use Coupon: "ac75sure"
Next
Which of the following transactions would be classified as a revenue transaction?
The accounting concept to be considered when the owner of a business uses business funds...
Previous