MENU
Question -

Current liabilities of a company are ₹ 75,000. If current ratio is 4:1 and liquid ratio is 1:1, calculate value of current assets, liquid assets and inventory.



Answer -

 

 
Or, 4 × 75,000 = Current Assets
Or, Current Assets = 3, 00,000
 
Or,
 
Liquid Assets = 75,000
Inventory = Current Assets − Liquid Assets
= 3, 00,000 − 75,000
= 2, 25,000

Comment(S)

Show all Coment

Leave a Comment

Free - Previous Years Question Papers
Any questions? Ask us!
×