Question

plze smone solve 2 nd 3 questions olze no spam plze❌❌❌❌ agar nhi aata toh krna mat plzeee​

Answer 1

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.