Accountancy, asked by tejas513, 9 months ago

if current ration is given as 2.5, liquid assets are 60,000 then the value of stock will be?​

Answers

Answered by Anniejeon97
8

Current Ratio = Current Assets (C.A)/ Current Liabilities (C.L)  = 2.5

So, CA= 2.5 CL

Now, Working Capital = Current Assets(C.A) minus Current Liabilities (C.L) = Rs.60000

So, C.A - C.L = 60000

       2.5 C.L-CL = 60000

        C.L = Rs.40000

Now, C.A = 2.5 x 40000 = Rs.100000

Answered by sanket2612
0

Answer:

The answer is INR 100000.

Explanation:

i) Current ratio = current assets/ current liabilities

Hence,

2.5 = CA / CL

CA = 2.5CL

ii) Working capital = Current assets - Current liabilities

Hence,

60,000 = CA - CL = 2.5CL - CL

CL = INR 40000

iii) Hence,

Current assets = 2.5 x Current liabilities

                         = 2.5 x 40000 = INR 100000

iv) Value of stock will be INR 100000.

#SPJ3

Similar questions