Question

If liquid ratio is 1.5:1 and working capital is 120000 and stock is 80000 what are current assets

Answer 1

For example, ratio of current assets to current liabilities known as current ratio. ... Working capital/total capital employed (%). 68.84 .... Rs . 80,000 – (Rs. 20,000 + Rs. 5,000 

Answer 2

2,00,000

Explanation:

Net working capital = current asset - current liabilities

                1,20,000 = 80,000 + current asset - current liabilities

1,20,000 + 80,000 = current asset

              2,00,000 = current asset

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