Accountancy, asked by lleyshir, 6 hours ago

A company has a current ratio of 2:1. It's bank balance is GH¢ 80,000debit and it's current liabilities are GH¢ 200,000. It then issues 50,000 new ordinary shares of GH¢ 1 each at a premium of GH¢ 0.10 per share. What is the new current ratio?

Answers

Answered by nakshatrauppalur2008

0

Answer:

2x+1x=80000+200000 =1000000

Explanation:

1000000+50000=15000000

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