from the following data, comporte Content Ratio:
Sundry Debtors 2.00000
Prepaid exp 20.000
66.000
u Marketable securities 40.000
5. machinary
10.000
6. bills payable-40000
I Sundry Creditors-
80.000
Debentures-4,00,000
inventory (stock) 30.000
expenses payable -80000
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Answer:
current ratio = current assets- current liability
Explanation:
current Assets= sundry debtor + prepaid expense + machinery + stocks+ marketable securities+ debenture
CA= 2,00,000+ 20,000+ 10,000+ 30,000+ 40,000+ 400000= 7,00,000
current liability= Bill's payable+ sundry creditors
CL= 40,000+ 80,000= 1,20,000
Current ratio= 700000- 1,20,000= 5,80,000
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