Question

the current ratio of a firm is 5:3 its working capital 10000. the value of current asset will be​

Answer 1

Explanation:

Step by step explanation

let the current ratio of the firm is 5x and 3X its working capital 10000 ,therefore =5x+3x=10000 . =8x=10000 , =1250 ,5x=5(1250)=6250 , . 6x=6(1250)=7500 . Please follow me