Accountancy, asked by msanudeep9190, 11 months ago

Current liabilities of a company are rupees 500000 current ratio is 2.5:1 and quick ratio is 2:1. Find the value of the inventories

Answers

Answered by manishajha93
14

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Answered by nrajagopal88
2

Answer: Current ratio=current assets/current liabilities  

1,250,000  

 

Quick ratio= quick assets / current liabilities   2.00  

1000000

Inventories  250,000  

Explanation:

Current ratio=current assets/current liabilities  

1,250,000  

 

Quick ratio= quick assets / current liabilities   2.00  

1000000

Inventories  250,000  

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