Question

blue within India.
ul in the blanks.
8. Fill in the
of human society lead to foundation of civilisation.
The Great Bath had well-planned
2. The Great
system.
of Indus Valley were expert in making
3. The people of Indus
and
are the main source of information about the religious
mormation about the religious beliefs of the Indus people.
was the male god worshipped by the Indus people.​

Answer 1

Explanation:

Answer:

Current Ratio = 2.67 : 1

Liquid Ratio = 2 : 1

Explanation:

When stock was taken as ₹ 60,000

Current Ratio =

$\sf{\dfrac{Current \: Assets}{Current \: Liabilities} = \dfrac{3}{1}}$

Liquid Ratio =

$\sf{\dfrac{Liquid \: Assets}{Current \: Liabilites} = \dfrac{2}{1}}$

Current Ratio :

Let,

Current Liabilities = x

Current assets = 3x

Liquid Ratio :

Current Liabilities = x

Liquid assets = 2x

Stock = Current assets - Liquid assets

⇒ 60,000 = 3x - 2x

⇒ 60,000 = x

⇒ x = 60,000

Current Liabilities = 60,000

Current assets = 3x

⇒ 60,000 × 3

Current assets = 1,80,000

Liquid assets = 2x

⇒ 60,000 × 2 = 1,20,000

Liquid assets = 1,20,000

When stock is taken ₹ 40,000

Current assets = 1,80,000

⇒ 1,80,000 - 60,000

⇒ 1,20,000

⇒ 1,20,000 + 40,000

⇒ 1,60,000

Current assets = 1,60,000

Current Ratio =

$\sf{\dfrac{Current \: Assets}{Current \: Liabilities} = \dfrac{160000}{60000} =\dfrac{1}{2.67}}$

Liquid assets = Current assets - Stock

⇒ 1,60,000 - 40,000

⇒ 1,20,000

Liquid Ratio =

$\sf{\dfrac{Liquid \: Assets}{Current \: Liabilites} = \dfrac{120000}{60000} = \dfrac{2}{1}}$

Therefore,

Current Ratio = 2.67 : 1

Liquid Ratio = 2 : 1