Accountancy, asked by simranshaw70595, 3 months ago

Current assets: Rs.70,000
Net working capital: Rs. 30,000
Inventories: Rs. 30,000
Sales: Rs. 1,40,000
Cost of goods sold: Rs. 68,000 find current ratio, quick ratio, gross profit ratio, operating ratio.​


Answers

Answered by tanujagunwant9
13

Answer:Current Ratio - 1.75:1

Quick Ratio - 1:1

Operating ratio - 48.57%

Gross Profit ratio - 51.42%

Explanation:

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