Find out current assets if current ratio 4:3 , working capital ₹ 160000
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Let the current ratio be 4x and 3x.
Working capital =160000.
4x=160000
x=160000/4
x=40000
3x=160000
x=1600000/3
x=53333.3-----
Now, add the both values of x.
40000+53333.3
93333.3=2x
x=93333.3/2
x=46666.65
Working capital =160000.
4x=160000
x=160000/4
x=40000
3x=160000
x=1600000/3
x=53333.3-----
Now, add the both values of x.
40000+53333.3
93333.3=2x
x=93333.3/2
x=46666.65
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