. (Ascertainment of Amount of CA & CL) Current Ratio of a company
is 3 : 1 and working capital is 30,000. Calculate the amount of current assets and current
liabilities.
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Answer:
CA-CL
Explanation:
first divide the WC in the ratio of 3:1
- CA=30000×3÷4=22500
- 30000-22500= 7500
- CL=30000×1÷4=7500
- 30000-7500=22500
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