Question

Current ratio 3:1 if working capital 120000 current liability will be

Answer 1

Answer:

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

So, C.A - C.L = 60000

2 C.L-CL = 60000

C.L = Rs.60000

Now, C.A = 2 x 60000 = Rs.120000

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Answer 2

I hope you understand it.!!!!