Part 1[3]
Use Table 1 to calculate the current ratio for 2016.
Business 9609 · AS & A Level · Business finance
Business finance — practice question
Worked solution & mark scheme
This 3-mark question has a full step-by-step worked solution and mark scheme. One marking point: “Accurate calculation of the current ratio for 2016 (Current assets ÷ Current liabilities = 3m ÷ 4m = 0.75 : 1 or 0.75).” …
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