IB Business Management HL 3.5.3 Liquidity ratios Question Bank
Practise IB Business Management SL/HL 3.5.3 by applying liquidity ratios concepts to exam-style questions.
- Syllabus
- First assessment 2024
- Course
- Business management HL
- Level
- HL
Practise IB Business Management SL/HL 3.5.3 by applying liquidity ratios concepts to exam-style questions.
Papel
Papel manufactures and sells paper bags. It pays cash for 80 % of its raw materials but, to remain competitive, it must sell on credit to all customers. Many debtors are not paying on time and creditors (suppliers) are increasing. The board of directors is concerned about Papel's liquidity position.
The finance manager has provided information from Papel's accounts.

Table 1: Selected information from Papel's accounts at 31 October 2018
Using information from Table 1:
calculate the current ratio for Papel for the end of October 2018.
Current ratio =( current liabilities current assets )2020=1
Award [1] for the correct answer. Award no marks merely for writing the formulae. Award [1] mark with OFR but working must be shown