Question

Warfied company having net working capital of Rs. 3 lakh
has the current ratio of 1:8 and liquid ratio of 1:6. Its value of
stock is :
(a) Rs. 55,000
(c) Rs. 75,000
(b) Rs. 65,000
(d) Rs. 85,000​

Answer 1

Answer:

rupees ....=..55000

Answer 2

Answer:

Rs. 75,000/-

Explanation:

step 1

As we know, net working capital= Current assets - current liability

0.8= 1.8-1

Step 2

Quick ratio = quick asset/ current liability

quick asset= current asset - inventory

1.6              = 1.8-               inventory

step 3

net working capital

300000/0.8 * 0.2

=75000

So, 75,000 will be the correct answer.

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