- May 16, 2007
i cant really remember...what was their any ratios?
I double checked the question because my friend did that to me once being a tricky bugger.williamc said:I can imagine a fair bit of the state would have got fucked over on that question. The working capital ratio can be seen the same as the liquidity ratio which is ca/cl..BUTT in the context of the question which requried you to pull information out of the heading effective working capital management.. the answer was
Current Assets -(minus) Current Liabilities
Only one mark anyway. Either way it is a stupid question as both are right.
And I'm pretty sure its just CA/CL - probably much the same in the end.lifesucks said:my little argument with my friend, is it:
CA x 100/ CL ?
or does it not matter?