Question

From the following data, calculate Liquid Ratio :

Current Assets Rs.50,000; Inventory Rs.13,000; Prepaid Expenses Rs.1,000 and Working

Capital Rs.30,000.

please tell me an appropriate answer ​

Answer 1

Answer:

liquid ratio = current assets - inventory/ stock÷ liabilities

Explanation:

liquid ratio = 50000+1000 - 13000÷30000

= 1.266

( prepaid expenses is current asset)

( 1.266 ko rounded figure 1.27 kr sakte h)

Answer 2

Answer:

So, it's 1.8 : 1 .

Explanation:

The process is given in the above pic.