Accountancy, asked by ayanq1983, 5 months ago

1:1 is a standardStock Rs 5000; Debtors Rs 2000; Creditors Rs 4,000. Calculate current ratio

Answers

Answered by sharat134

1

Answer:

Current Ratio = Current asset/Current liabilities

Current asset= stock+ debtor

= 5000+2000

= 7000

Current liabilities = creditor

= 4000

Current Ratio= 7000/4000

=1.75

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