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current ratio

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › current ratio

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.
Viewing 2 posts - 1 through 2 (of 2 total)
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    Posts
  • May 27, 2018 at 7:18 am #454187
    alikhakar
    Participant
    • Topics: 186
    • Replies: 79
    • ☆☆☆

    Is it so that Short term investments( marketable securities) that are convertible into cash within 3 months are the only short term investments that are included in current asset while calculating current ratio ?
    Or also the short term investments i.e redeemable in current year( after more than 3 months) are also included in current asset ?

    May 27, 2018 at 10:37 am #454236
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54814
    • ☆☆☆☆☆

    I answered this in my previous reply to you.

    However it is completely irrelevant for Paper F5 – it is a financial accounts concept and Paper F5 is nothing to do with financial accounts.

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Viewing 2 posts - 1 through 2 (of 2 total)
  • The topic ‘current ratio’ is closed to new replies.

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