Question

2. From the following Balance Sheet calculate Current Ratio:

Equity and Llabilities :-

Equity Share Capital 100000
Debentures 50000
Accounts payable 20000

Assets:-

Fixed Assets (Net) 110000
Inventory 20000
Accounts receivable 25000
Cash 15000
​

Answer 1

Answer:

Current ratio, called so because it compares current assets to current liabilities. If you have a balance sheet forecast to work from this is the easiest ratio to calculate – just takes your current assets line and divide it by current liabilities.

Explanation:

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