Question

1.A) Current Ratio 2:5:1 working capital Rs. 150,000 find out the value of current asset and current laibities ​

Answer 1

Answer:

Current Ratio=

Current Assets

Curent Liabilites

=2.5

Current Assets =2.5×CurrentLiabilites

Working Capital =Rs 60000(Given)

Let Current Liabilites be x, Current Assets-CurrentLiabilities

2.5x-x=Rs 60000

x=Rs60000/1.5=Rs40000[CurrentLiabities]

CurrentAssets=Rs40000×2.5=Rs100000