Question

curent ratio 3:1 working capital 100000 calculate curent assets and curent liabilities
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Answer 1

Answer:

5920399

Explanation:

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Answer 2

Answer:

urrent Ratio Formula

The Current Ratio formula is:

Current Ratio = Current Assets / Current Liabilities

Example of the Current Ratio Formula

If a business holds:

Cash = $15 million

Marketable securities = $20 million

Inventory = $25 million

Short-term debt = $15 million

Accounts payables = $15 million

Current assets = 15 + 20 + 25 = 60 million

Current liabilities = 15 + 15 = 30 million

Current ratio = 60 million / 30 million = 2.0x