Accountancy, asked by robinhoodarmy358, 1 day ago

The current assets and current liabilities of X Ltd. are * 6,00,000 and 4,00,000 respectively. The company is planning to avail a bank loan. The minimum current ratio required by bank is 2 : 1 to consider the loan proposed. The amount of Sundry Creditors to be paid to achieve the desired level of current ratio will be

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Answered by ashavikram2005

Explanation:

X Ltd. are * 6,00,000 and 4,00,000 respectively. The company is planning to avail a bank loan. The minimum current ratio required by bank is 2 : 1 to consider the loan proposed. The amount of Sundry Creditors to be paid to achieve the desired level of current ratio will I hope it is help

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