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Thread: fin630 assignment no 1 solution april 2011

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    Icon19 fin630 assignment no 1 solution april 2011

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    full solution in attachment


    Question #01


    CASE # 1

    Current Ratio

    Current Assets/Current Liabilities
    =Rs.3000000/Rs.1500000

    = 2:1

    CASE#2

    =Rs 2750000 / Rs 1250000

    = 2.2:1


    Quick Ratio

    CASE # 1

    Current Assets – Inventory/Current Liabilities
    =Rs.3000000 – Rs.1000000/ Rs.1500000
    =Rs 2000000/Rs.1500000

    =1.33:1


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