Question

Financial data of a company are as follows: Current Ratio 2.7:
Quick Ratio 1.8
Current Liabilities 6,00,000
Inventory Turnover 4 times
Sales from the above is :
a) * 34.00,000 (b) 19,60,000 c)*21,60,000 (d) 3,14,20,000.

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Answer 1

Explanation:

Financial data of a company are as follows: Current Ratio 2.7:

Quick Ratio 1.8

Current Liabilities 6,00,000

Inventory Turnover 4 times

Sales from the above is :

a) * 34.00,000 (b) 19,60,000 c)*21,60,000 (d) 3,14,20,000

your answers is a