Accountancy, asked by vedahiganglore18, 5 months ago

the liquidity of ratio 1: 1 indicates

Answers

Answered by prinsunigam

Explanation:

A ratio of 1:1 indicates that current assets are equal to current liabilities and that the business is just able to cover all of its short-term obligations.

Total Current Liabilities: 5700

Total Current Assets: 8700

Short-term investments: 500

Other Current Assets: 200

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the liquidity of ratio 1: 1 indicates​

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the liquidity of ratio 1: 1 indicates