Question

Calculate current aasets and current liabilities if current ratio=2 and working capital = 200000

Answer 1

Answer:

current assets = 400000

current liabilities= 200000

Answer 2

Current assets = 4,00,000

Current liabilities = 200,000

Explanation:

Given:

Current ratio = 2

Working capital = 200,000

Current assets = ?

Current liabilities = ?

Computation:

Current ratio = Current assets / Current Liabilities

2 = Current assets / Current Liabilities

Current assets = 2 Current Liabilities

Working capital = Current assets - Current Liabilities  

Working capital = 2 Current liabilities - Current Liabilities  

200,000 = 1 Current liabilities

Current liabilities = 200,000

Current assets = Working capital + Current liabilities

Current assets = 200,000 + 200,000

Current assets = 4,00,000

Learn more:

https://brainly.in/question/4054359