CAIE IGCSE Business Studies 7.4.1 current ratio
Practise current-ratio questions by dividing current assets by current liabilities and presenting the result correctly for marks.
- Syllabus
- 2027–2029
- Course
- Business 0264
Practise current-ratio questions by dividing current assets by current liabilities and presenting the result correctly for marks.
WFT is a primary sector business which harvests timber (wood) from trees. The Operations Manager knows there are many legal controls over business activity affecting the environment. WFT has 30 employees and uses a lot of technology to process the timber. The business is always considering ways to increase added value. WFT often needs finance. An extract from WFT's statement of financial position is shown in Table 1.1.

Table 1.1
Calculate WFT's current ratio in 2024. Show your working.
Working:
Final answer:
Award 2 marks for the correct answer. Award 1 mark for the correct method with an incorrect answer.
current ratio=current liabilitiescurrent assets=150000120000=0.8:1
Accept 0.8. If the correct answer is given with no working shown, award 2 marks. Award only 1 mark if 0.8 appears only in the working and is not shown as the final answer.