Question

current ratio 2.5 , quick ratio 1.5 , working capigal 120000, gross profit 25% on revenue from operations on 100000 , inventory turn over ratio is 3 times . calculate opening inventory, current assets, current liabilities and quick assets?​

Answer 1

Answer:

I hope you got your answer...

Here,

CA= CURRENT ASSET

CL= CURRENT LIABILITIES

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