From the following particulars calculate current assets and current liabilities
Current ratio 2.5; working capital 200000
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Answer:
Hope it helps .
Step-by-step explanation:
Current Ratio=
<br> Current Assets =
<br> Working Capital =Rs 60000(Given) <br> Let Current Liabilites be x, Current Assets-CurrentLiabilities <br> 2.5x-x=Rs 60000 <br>
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