QUESTION 2 a) 1) Current ratio This is the ratio to assess the organization ability to meet its short-term obligations. It’s the ratio of short-term assets to short time liabilities also called the working capital. In this case, current ratio= Current Assets = Current Liabilities Current Assets: 2017 (RM) 2018 (2018) Cash
QUESTION 1 Cash management is a broad term that refers to the collection, concentration, and disbursement of cash. The goal is to manage the cash balances of an enterprise in such a way as to maximize the availability of cash not invested in fixed assets or inventories and to do so in such a way … Read more