Question

Current Ratio is 1.8:1 and working capital is Rs.40000 Find out the current asset and current liabilitie​

Answer 1

$\huge\green {Answer}$

$current \: \: ratio \: \: = \frac{current \: asset}{current \: liabilitie}$

$\: \: \: \: \: \: \: \: \: = \frac{1.8}{1}$

So,

${Current\:Asset\:=\:1.8\:Curren\:Liabilitie}$

Now,

${Working\:Capital\:=\:Current\:Asset\:-\:Current\:Liabilitie}$

So,

$c.a - c.l = 40000$

$1.8c.l - c.l = 40000$

$1.7c.l = 40000$

Now,

$c.a = 1.8 \times 40000$

$rs \: 72000$

$\huge\mathcal {Hope\:It\:Helps\:You}$