plze smone solve 2 nd 3 questions olze no spam plze❌❌❌❌ agar nhi aata toh krna mat plzeee
Answers
2.
Current Ratio = 3.5:1
Quick Ratio = 2:1
Let Current Liabilities = x.
Current Assets = 3.5x.
Quick Assets = 2x.
Inventory = Current Assets - Quick Assets.
=> 30000 = 3.5 x – 2x
=> 30,000 = 1.5x.
=> x = Rs.20,000.
Then,
Current Assets = 3.5x = 3.5 * 20,000 = 70,000.
Quick Assets = 2x = 2 * 20,000 = 40,000.
Therefore:
Current Assets = 70000.
Current Liabilities = 20000
Quick Assets = 40000.
3.
Current ratio = current asset / current liabilities
=> 3/1 = CA/CL
=> CA = 3 CL
Working capital = CA - CL
=> 400000 = CA- CL
=> 400000 = 3 CL - CL
=> 400000 = 2 Cl
=> CL = 400000/ 2
=> CL = 2,00,000
Then,
CA = 3 CL
=> CA = 3* 200000
=> CA = 6,00,000
Thus,
Acid test ratio :
=> (current assets - Inventory)/CL
=> (600000- 250000)/200000
=> 1.75 : 1.
Also,
Liquid Assets = (CA - Inventory)
=> (600000 - 250000)
=> 350000
Therefore,
Current Assets = 6,00,000.
Current Liabilities = 2,00,000
Acid test ratio = 1.75 : 1
Liquid Assets = 3,50,000.
Hope it helps.