Question

current asset of a company are 5,00,000.its current ratio is 2.5:1 and quick ratio is 1:1 calculate value of current liabilities, liquid assets and stock​

Answer 1

Answer:

current liabilities = 2,00,000

liquid assets = 2,00,000

stock= 3,00,000

Explanation:

current ratio = $\frac{current assets}{current liabilities}$

2.5 = $\frac{5,00,000}{current liabilities}$

current liabilities = 2,00,000

quick ratio = $\frac{liquid assets}{current liabilities}$

1 = $\frac{liquid assets}{2,00,000}$

liquid assets = 2,00,000

liquid assets = current assets - stock

2,00,000 = 5,00,000 - stock

stock= 3,00,000

Answer 2

$\sf\red{Current \: ratio = \frac{Current \: assets}{Current \: liabilities} }$

$\implies$$\sf{2.5 = \frac{5,00,000}{Current \: liabilities }}$

$\implies$$\sf{Current \: liabilities = \frac{5,00,000}{2.5}}$

$\implies$$\sf{Current \: liabilities = 2,00,000}$

$\sf\red{Liquid \: ratio = \frac{Liquid \: assets}{Current \: liabilities} }$

$\implies$$\sf{1 = \frac{Liquid \: assets }{2,00,000}}$

$\implies$$\sf{2,00,000}$

$\sf\red{Inventory = Current \: assets - Liquid \: assets}$

$\implies$$\sf{5,00,000-2,00,000}$

$\implies$$\sf{3,00,000}$