Question

current ratio is 4:1 net working capital is RS 30000 find the amount of current assets​

Answer 1

Answer:

₹40,000

Explanation:

CR = CA - LT/CL

4/1 = CA/CL

Now,

Let CA be 4x and CL be x.

WC = CA - CL

30,000 = 4x - x

30,000 = 3x

x = 30,000/3

x=10,000

Therefore,

CA = 4x = 4 x 10,000

CA = ₹40,000