The current assets are inventory, cash, and receivables. For the quick ratio we do not include the inventory and so it leave just the cash and the receivables!
As we make very clear, it is vital that you buy a Revision Kit from one of the ACCA approved publishers – they are full of exam standard questions to practice and practice is essential to passing the exam.
What we provide is free tuition covering everything needed to be able to pass the exam well.
100%
Thanks Sir.
Got full marks.
Thank you very much sir! Your lectures are splendid. I pray I pass. I am writing an On Demand CBE this week. You have been awesome
In Q5, why inventory value isn’t deducted from current assets?
The current assets are inventory, cash, and receivables. For the quick ratio we do not include the inventory and so it leave just the cash and the receivables!
I think these questions are very easy))
They are only meant as quick checks.
As we make very clear, it is vital that you buy a Revision Kit from one of the ACCA approved publishers – they are full of exam standard questions to practice and practice is essential to passing the exam.
What we provide is free tuition covering everything needed to be able to pass the exam well.
hurraaah…100%
馃檪
Woow im proud of me first time to get 100.. Yeeepyy
Great 馃檪