calculate current ratio from the following information :
liquid liabilities = RS 2,50,000
Stock = Rs 60,000
Working capital = 1,50,000
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working capital=current assets - current liabilities
=>150000 = 60000- CL(CURRENT LIABILITIES)
=>CL = 150000 - 60000
=> CL = 90000
CURRENT RATIO:
CA/CL
= 60000/90000
= 2/3
OR WE CAN WRITE 2:3
=>150000 = 60000- CL(CURRENT LIABILITIES)
=>CL = 150000 - 60000
=> CL = 90000
CURRENT RATIO:
CA/CL
= 60000/90000
= 2/3
OR WE CAN WRITE 2:3
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