::: vuaskari.com ::: BAnk Alfalah I NEED HELP IN THIS TWO RATIO guide meeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

Current Ratio
Formula: current ratio = current assets / current liabilities
Ration Analysis	Year 2008	Year 2009	Year 2010
Current assets (W#1)	234,728,736	278,664,947	308,674,191
Current liabilities (W#2)	414,359,473	450,426,168	503,450,143
Current ratio	0.566 times	0.618 times	0.613 times[m1]

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 [m1]Recalculate, wrong results.

 

Acid Test Ratio recalculate
Formula: Acid Test Ratio= current assets – prepaid expenses/ current liability
Ration Analysis	Year 2008	Year 2009	Year 2010
Current assets (W#3)	102,755,140	137,309,913	142,332,446
Current liabilities	414,359,473	450,426,168	503,450,143
Acid test ratio	0.247	0.304	0.282

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