If current assets are Rs.40000 current liabilities Rs.200000 and stock is Rs.100000 Find out current ratio
and liquid ratio.
Answers
Answered by
0
Answer:
3:2
Step-by-step explanation:
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Answered by
1
Answer:
Current Ratio = Current assets
Current liabilites
= 40,000/ 2,00,000
= 1/5
Liquid ratio = Current assets - stock
current liabilities
= ( 40,000 - 1,00,000)/ 2,00,000
= 60,000/2,00,000 = 6/20
3/10
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