Please use the space provided on the inside cover of the Candidate Answer Booklet to indicate your chosen answer to each multiple choice question.
Each question is worth 2 marks.
Xena has the following working capital ratios:
20X9 20X8
Current ratio 1·2:1 1·5:1
Receivables days 75 days 50 days
Payables days 30 days 45 days
Inventory turnover 42 days 35 days
Which of the following statements is correct?
A Xena’s liquidity and working capital has improved in 20X9
B Xena is receiving cash from customers more quickly in 20X9 than in 20X8
C Xena is suffering from a worsening liquidity position in 20X9
D Xena is taking longer to pay suppliers in 20X9 than in 20X8
Answer:
C
|
高级商业会计证书+英国牛津布鲁克斯大学学士学位 不过重读1年 |
||
|
名师授课，签约过关有保障！不过免费重读1年 |
||
|
名师授课，助您零基础直达ACCA初级 |
更多精彩：
ACCA这张证书价值究竟有多大？写给对ACCA仍不了解的童鞋们
考经分享丨通过就是王道！备考ACCA，你有必要避免这些坑•••