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CIPS Level 4 Diploma in Procurement and Supply L4M4 Question # 8 Topic 1 Discussion

L4M4 Exam Topic 1 Question 8 Discussion:
Question #: 8
Topic #: 1

The procurement manager has received the following data from the supplier's accounts to facilitate the calculation of the supplier's current ratio:

Current Assets: Stock $200; Debtors $60; Cash $40; Total $300

Short Term Liabilities: Bank overdraft $150

Which calculation will the procurement manager use to find out the current ratio?
A.

(300 - 200) ÷ 150

B.

300 ÷ 150

C.

(300 - 200 - 150) × 100

D.

(300 ÷ 150) × 100

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Actual exam question for CIPS L4M4 exam by Vega50441 at Sep 5, 2025, 5:03:17 AM

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