Math, asked by IdharAoIdharxD, 1 month ago

if x company limited's current ratio is 5.5:1 and quick ratio is 4:1 ,inventory is Rs 30000 .what are its current liabilities?

_____


Thanks na bolo re xD ​

Answers

Answered by ᏟrєєpyᎷєss
4

if x company limited's current ratio is 5.5:1 and quick ratio is 4:1 ,inventory is Rs 30000 .what are its current liabilities?

Explanation:

current ratio is 5.5:1 and

quick ratio is 4:1

inventory is Rs 30000

current liabilities?

Solution :

Current ratio = CA / CL = 5.5:1

Suppose,Current Liabilities be x

Current assets = 5.5x

Quick assets = 4x

Inventory = Current assets-Quick assets

=> Rs 30,000 = 5.5x - 4x

=> Rs 30,000 = 1.5x

=>x = 30,000/1.5

=>x = 20,000

=> current liabilities = 20,000

Therefore,current liabilities = 20,000

Answered by BrainlyEmpire
432

Given :

  • → x company limited's current → ratio = 5:5:1
  • → x company limited's quick ratio = 4:1
  • → Inventory of x company = ₹30,000

Need to Find :

  • → what are its current liabilities?

Formula Used Here ;

  • → Inventory = Current Assets - Quick Assets

According to Question :

  • → Inventory = Current Assets - Quick Assets
  • → ₹30,000 = 5.5x - 4x
  • → x = ₹30,000 / 1.5
  • x = 20,000

Therefore :

  • → The current liabilities of x company is Rs 20,000

______________________

Similar questions