Accounting 0452 · IGCSE · Interpretation of accounting ratios

Interpretation of accounting ratios — practice question

Sabelo’s liquid (acid test) ratio was greater on 1 January 2022 than on 31 December 2022. What might have led to this?

  • Abank overdraft decreased
  • Binventory decreased
  • Cother payables decreased
  • Dtrade receivables decreased

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