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Anyone who has Osbourne Book DFS

jewels.pjewels.p Font Of All KnowledgeRegistered Posts: 1,774
Just to let you know that in the Workbook Section 7 Interpretation of Financial Statements there is an error in 7.2. It asks which best describes the acid test or quick ratio. The answer says it is b (Trade Receivables/Trade Payables) but this is wrong. The correct answer is c (Current Assets-Inventories/Current Liabilities).

I contacted my Tutor and he agreed with me and has contacted Osbourne Books.

Just didnt want any more of you getting confused with this!
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