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Calculate total amount of current assets and liquid assets

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Reference no: EM132935810

A trading company has calculated the following data based on the balance sheet as at 31 December:

  • The solvency (ratio between total capital and loan capital) is 180%.
  • The total capital is 5,400,000 euros.
  • The total of the fixed assets amounts to 1,800,000 euros.
  • The current ratio is 2.4.
  • The quick ratio is 0.7.

Problem 1. Calculate the total equity as at December 31.

Problem 2. Calculate the total amount of current assets and liquid assets as at December 31.

Problem 3. Calculate the working capital as at December 31.

Problem 4. Calculate the value of the inventories as of December 31.

Reference no: EM132935810

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