Accountancy, asked by sharmakashish2032, 3 months ago

Calculate current liabilities of business concert whose current rayil is 2.2 liquid ration is 1.4 inv entory 40000 prepaid expenses are nil

Answers

Answered by gurleeenkaur518

0

Answer:

ahhhmmmm

Explanation:

Liquid ratio=Liquid asset/C.L

1.4=40000/C.L

C.L= 40000/1.4

C.L= 28571

C.L (current liabilities)

Hope it helps dear☺️..........

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