CAIE IGCSE Business Studies 5.5.2 Liquidity
Practise interpreting liquidity by using current and acid test ratios to judge whether a business can meet short-term commitments.
- Syllabus
- 2027–2029
- Course
- Business 0264
Practise interpreting liquidity by using current and acid test ratios to judge whether a business can meet short-term commitments.
AHG is an established business as it has been operating for a long time. It sells garden products including plants and flowers. AHG uses competitive pricing. The business has 4 managers and 30 other employees. All AHG's managers use delegation. The Finance Manager is analysing AHG's statement of financial position as she is interested in its liquidity. An extract is shown in Table 1.1.

Table 1.1
Outline two possible reasons why liquidity is important to AHG.
Reason 1:
Reason 2:
Award 1 mark for each relevant reason (max 2).
Award 1 mark for each relevant reference to this business (max 2).
Points might include:
- To make sure the business has access to enough cash/money to pay day-to-
day expenses / (short term) liabilities / avoid interest charges / keep its
suppliers [k] as shown by the current ratio of 1.1 [app]
- To help arrange/apply for finance [k] for this established business [app]
- Ensure business survival / allow it to continue trading [k] to sell flowers [app]
- To provide for (unforeseen) emergencies [k]
Other appropriate responses should also be credited.
To use words from the stem as application, the reference must be appropriate (i.e. make sense) in relation to the point being made.
The following words are likely to be appropriate for this question:
- Plants / flowers / gardening products or other examples such as seeds
- 660000 to 600000
- Established (business) / operating for a long time
- 4 managers
- 30 or 34 employees
- Competitive pricing
Other appropriate examples in context can still be credited.