Question

Current ratio = 2.5 : 1 Current Liabilities = Rs. 1,60,000 Quick Ratio = 1.5 : 1 Calculate value of current assets, quick assets & inventory.​

Answer 1

${\mathfrak{\blue{answer}}}$

current assets :

current ratio = 2.5.1

current ratio =

$= \frac{current \: assets \: }{current \: liabilities \: } = \frac{2.5}{1}$

$= \frac{current \: assets \: }{160000} = \frac{2.5}{1}$

$current \: assets \: = 160000 \times 2.5$

$= 400000$

current assets = 400000

Quick assets :

Quick assets = 1.5.1

Quick ratio =

$= \frac{quick \: assets \: }{current \: liabilities \: } = \frac{1.5}{1}$

$= \frac{quick \: assets}{16000} = \frac{1.5}{1}$

$= quick \: assets \: = 160000 \times 1.5$

$= 240000$

Quick assets = 240000

inventory :

= quick assets = current assets - inventory

= inventory = current assets - quick assets

= 400000 - 240000

= 160000

inventory = 160000

Therefore

current assets = 400000

quick assets = 240000

inventory = 160000

${\mathfrak{\blue{☆ \:  I  \: hope \:  its  \: help  \: you \:  ☆}}}$

Answer 2

"" ❤️ Answer ❤️ ""

Current Ratio = Current Assets (C.A)/ Current Liabilities (C.L) =

2.5

So, CA= 2.5 CL

Now, Working Capital = Current Assets(C.A) minus Current Liabilities (C.L) =Rs.60000

So, C.A - C.L = 60000

2.5C.L-CL =60000

C.L = Rs.40000

Now, C.A = 2.5 x 40000 = Rs.100000

@ llHeart ❤️ HackerMyshall .