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.
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Answer:Current Ratio - 1.75:1
Quick Ratio - 1:1
Operating ratio - 48.57%
Gross Profit ratio - 51.42%
Explanation:
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