current ratio

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May 27, 2018 at 7:18 am #454187
alikhakar
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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
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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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