Question

if quick ratio of vinod ltd. is 2:1 current liabilities ₹400000 and inventories ₹200000 .current ratio will a) 1:1 b)2:1 c)3:1 d)2:5:1​

Answer 1

Answer:

Explanation:

Quick ratio = 2:1

current liabilities ₹400000 and

inventories ₹200000

current ratio will = ??

Solution:

Quick ratio =

$\frac{Quick \: Assets}{Current \: Liabilities} = \frac{2}{1}$

Current liabilities= ₹ 4,00,000

Quick assets = 4,00,000 ×2

Quick assets =8,00,000

Quick assets = Current asset - Inventory

8,00,000 = Current asset - 2,00,000

Current asset = 8,00,000 + 2,00,000

Current asset = = 10,00,000

Current ratio =

$\frac{Current \: assets }{Current \: Liabilities}$

$\frac{1000000}{400000}$

= 2.5 : 1

. Current Ratio = 2.5 : 1.

Therefore, Option d). 2.5:1

Current Ratio = 2.5 : 1

Answer 2

Answer:

2.5:1 is right answer

2,5:1is right answer