Current ratio 2.5
Quick assets 1.5
Working capital 320000
sujiritha95:
What to find
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current ratio = current asset/current liability
let C.L = x
2.5 = C.A/C.L
2.5 = C.A/x
C.A = 2.5x
Liquid ratio = Liquid asset/Current liability
1.5 = L.A/x
L.A = 1.5x
working capital = C.A - C.L
3,20,000 = 2.5x-x
3,20,000 = 1.5x
3,20,000/1.5 = x
x= 213333
current asset = 2.5x = 2.5 × 213333 = 1333331
current liability = 21,3333
liquid asset = 1.5x = 32,0000
HOPE IT WILL BE HELPFUL
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