Question

Calculate Current Ratio if: Inventory is Rs 6,00,000; Liquid Assets Rs 24,00,000; Quick Ratio 2:1.

Answer 1

Current liabilities =[Math Processing Error]24,00,0002 = 12,00,000 Current Assets = Liquid Asset + Inventory = 24,00,000 + 6,00,000 = 30,00,000 Current Ratio = [Math Processing Error]Current assetsCurrent Liabilities /653959/calculate-current-ratio-if-inventory-is-rs-6-00-000-liquid-assets-rs-24-00-000-quick-ratio

Answer 2

Answer:

Current liabilities =[Math Processing Error]24,00,0002 = 12,00,000 Current Assets = Liquid Asset + Inventory = 24,00,000 + 6,00,000 = 30,00,000 Current Ratio = [Math Processing Error]Current assetsCurrent Liabilities /653959/calculate-current-ratio-if-inventory-is-rs-6-00-000-liquid-assets-rs-24-00-000-quick-ratio