₦ ₦ Capital 8000 Plant and machinery 5000 Net profit 4000 Motor van 4500 Drawings 200 Stock 2000 Creditors 2000 Debtor 1000 Accruals 300 Bank 100 Cash 600 1...

Assessment: JAMB UTME - Commerce - 2015 Subject: Commerce

Question 1 Report

Capital 8000 Plant and machinery 5000
Net profit 4000 Motor van 4500
Drawings 200 Stock 2000
Creditors 2000 Debtor 1000
Accruals 300 Bank 100
Cash 600
14100 14100

What is the acid ratio?

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