Question

current ratio =4.1 quick ratio = 1.2:1 working cap. 180000 calculate current assets and inventory​

Answer 1

Answer:

Sorry I didn't know but thanks me please

Answer 2

Answer:

current ratio = current assets/current liabilities

CR = CA/CL

4/1 = CA/CL

CA = 4CL

working capital = current assets - current liabilities

1,80,000 = 4CL - CL

1,80,000 = 3CL

CL = 1,80,000/3

CL = 60,000

CA = 60,000(4) = 2,40,000

QR = QA/CL

1.2/1 = QA/CL

QA = 1.2CL

quick assets = current assets - inventories

1.2(60,000) = 2,40,000 - inventories

72,000 = 2,40,000 - inventories

inventories = 2,40,000 - 72,000

inventories = 1,68,000