O-LevelAccountingAnalysis and interpretation7707/12 · May/June 2017 · Q291 Mark

A business provided the following information. [Table with tangible non-current assets, intangible non-current assets, current assets, current liabilities values] What was the working capital ratio (current ratio)?

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A1.5:1

B2.5:1

C3.5:1

D7.5:1

✓ Correct answer

C: 3.5:1

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Topic: Analysis and interpretation, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, May/June 2017 Paper 1 Variant 2, question 29.

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