Question

The working capital of a concern is 60000 current liabilities are 80000, total assets are 600000, the value of non - current asset will be? ​

Answer 1

Answer:

460000

Explanation:

working capital = current assets-current liabilities

60,000 = CA-80,000

CA =80,000+60,000

CA=1,40,000

NOW,

TOTAL ASSETS = CURRENT ASSESTS + NON CURRENT ASSESTS

6,00,000=1,40,000+NON CURRENT ASSESTS

NON CURRENT ASSESTS =6,00,000-1,40,000

THEREFORE, NON CURRENT ASSESTS =4,60,000