O-LevelAccountingAnalysis and interpretationOct/Nov 2010 · Q281 Mark

Richi has the following assets and liabilities. inventory (stock) | 8400 trade receivables (trade debtors) | 9300 cash | 400 trade payables (trade creditors) | 3600 bank overdraft | 1700 What is Richi's working capital (current) ratio? A 1.13:1 B 1.83:1 C 3.42:1 D 5.50:1

Mark scheme

Marking points from the official mark scheme (Oct/Nov 2010). The mark or mark type is shown in brackets.

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Topic: Analysis and interpretation, O-Level Accounting (syllabus 7707). Structured question, 1 mark.
Source: O-Level Accounting, Oct/Nov 2010 Variant 1, question 28.

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