CIPS Procurement and Supply in Practice L4M8 Question # 24 Topic 3 Discussion
L4M8 Exam Topic 3 Question 24 Discussion:
Question #: 24
Topic #: 3
Use the balance sheet below to work out the correct ratio for coffee Time and explain whether the company appears to have enough assets to cover it liability.
A current ratio of 1 shows that the organization has enough assets to repay (cover) it liability
Buyers can be encouraged to deal with these suppliers after if they considered proven and strong in other areas.
Refer to the question column for response
Contribute your Thoughts:
Chosen Answer:
This is a voting comment (?). You can switch to a simple comment. It is better to Upvote an existing comment if you don't have anything to add.
Submit