Basically i have a question in my Business exam (past paper) saying that i need to work out Ratios. The question
Calculate to 2 decimal places Kelogg's current ratio for 2005 and 2006
(Formula =) Current Ratio = Current Assets : Current Liabilities
For 2005
Current assets = 2197
Current Liabilities = 3163
For 2006
Current Assets = 2427
Current Liabilities = 3163
I do have the answers but i want to work out how you guys did it.
Zoob