[andreyseb]

Thank you for your reply.

I just thought that we can’t claim tax allowable depreciation in 2014 because the asset was purchased on 31 Dec 2014. So no time in 2014 falls on the useful life of the asset.

[andreyseb]

Thank you for the reply.

I think a current ratio of 6 is too high, isn’t it?

If the current ratio of the company is 1.2, than 83% of the current assets are financed by short-term sources. It seems to be an aggressive financing poilicy. But it is the benchmark the current ratio to be not less than 1 (if inventories are not slow-moving).

[Author]

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