Question

Details:
Current assets: Rs.70,000
Net working capital: Rs. 30,000
Inventories: Rs. 30,000
Sales: Rs. 1,40,000
Cost of goods sold: Rs. 68,000 find current ratio, quick ratio, gross profit ratio, operating ratio.​

Answer 1

Answer:

Details:

Current assets: Rs.70,000

Net working capital: Rs. 30,000

Inventories: Rs. 30,000

Sales: Rs. 1,40,000

Cost of goods sold: Rs. 68,000 find current ratio, quick ratio, gross profit ratio, operating ratio.