Question

3.
If total Assets of a firm are rupees 820000 and its fixed assets are 590400 what will be the
percentage of current assets on total assets-
(a) 42%
(b) 58% (c) 28% (d) 72%​

Answer 1

Answer:

28%

Explanation:

total assets= current+non current assets

8,20,000=x+5,90,400

x=2,29,600

%of current asset=(2,29,00/8,20,000)*100=28%(Ans)