Accountancy, asked by prinku4491, 1 year ago

Current ratio 2.5
Quick assets 1.5
Working capital 320000


sujiritha95: What to find

Answers

Answered by karora1496
1

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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