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?

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Total assets - Liabilities is equal to?
Posted by:
Zehab Osman
04-August-2015

Accounting Auditing Financial Accounting Financial Analysis managerial accounting

Question added by Badruddien Gismallah Ali Abdurahman , مدير مالي واداري , شركة العواد للاستثمار والتطوير
Date Posted: 2014/11/26

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3 Answers

by Deleted user

total current assets =60000

total current liabilities =15000

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by Faraz Sultan , Audit and Accounts Manager , Abdulla Al Mulla Auditing Of Accounts

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

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Mohammed Mohammed

by Mohammed Mohammed , Senior SAP Consultant , Abyat Mega Store

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

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