Account Receivables OMR 40000; Account Payables OMR 60000; Prepaid Expenses OMR 10000; Inventory OMR 100000 and Goodwill is OMR 15000. Current Ratio will be: Select one: a. 2 b.2.5 c.1 d. 2.33
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current ratio = current asset /currentliabilities
current ratio =150000/60000
current ratio =2.5
Explanation:
Total current asset =40000+10000+100000
Total current asset=150000
Total current liabilities =60000
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