[arthurra18]

https://www.tescoplc.com/media/474793/tesco_ar_2018.pdf another example of my question in current liability section and assets

[arthurra18]

Also assets for sale are not really classfied as inventory as you can see they are separate same as liabilities.. That’s why I am so confuse what to include in current ratio and what in acid now..

🙁

[arthurra18]

I really really appreciate your answer,

Could you please double check for me please as I am writing ratio analysis for current ratio and acid (not exam), one step you already clarified now it’s just this liabilities for sale

https://www.about.sainsburys.co.uk/~/media/Files/S/Sainsburys/pdf-downloads/sainsburys-ar-2017-full-report.pdf

Here is the spf and spl, and in Current liabilities says Liabilities held for sale as well, do I include this when I calculate current and acid ratio or I need to ignore it? ( because need to divide on current liabilities and this is there in statement)

Kind Regards
Really appreciate!!!

[Author]

Posts