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Re: ::::IIVU ASKARII:::: Fwd: FIN622 All Solved Current subjective by TAHIR NAVEED


QUESTTION # 39

A Company had the following data, extracted from its financial statements for the year

ending June 30, 2008:

a)

Current Ratio = 2

b)

Acid Ratio = 1.5

c)

Current Liabilities = $500,000

d)

Inventory Turnover = 5

e)

Gross Profit Margin = 20 percent

What were its sales for the year


On Thu, Feb 24, 2011 at 7:51 AM, Sadiq Hussain <fvdpryk@gmail.com> wrote:
Hafiz Salman Bahi POMA kya MCQS and current solved Subjective to send kar dan plz
mara kal paper ha


Sadiq Hussain

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