Question

Current assets of The company were RS 140000and current liabilities RS
70000.calculate current ratio

Answer 1

Using the Balance Sheet, the current ratio is calculated by dividing current assets by current liabilities: For example, if a company's current assets are $ 5,000 and its current liabilities are $ 2,000, then its current ratio is 2.5

Answer 2

Answer:

Current ratio= current assets/current liabilities =140000/70000=2:1

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