What does to number written after methyl cellulose indicate
Answers
Answer:
Quick Ratio = 1.8 : 1
Explanation:
\sf{Current\:Ratio = {\dfrac{Current \:Assets }{Current \: Liabilities} \: = \dfrac{2.5}{1}}}CurrentRatio=
CurrentLiabilities
CurrentAssets
=
1
2.5
★ According to the Question :
Working Capital = Rs. 3,75,000
Let,
Current Liabilities = x
Current Assets = 2.5x
Working Capital = Current Assets - Current Liabilities
\longrightarrow⟶ 3,75,000 = 2.5x - x
\longrightarrow⟶ 3,75,000 = 1.5x
\sf{\longrightarrow{x \: = \: \dfrac{375000}{1.5}}}⟶x=
1.5
375000
\longrightarrow⟶ x = 2,50,000
Current Liabilities = 2,50,000
Current Assets = 2.5x
\longrightarrow⟶ 2.5 (2,50,000)
\longrightarrow⟶ 6,25,000
Current Assets = 6,25,000
Quick Ratio :
\sf{\longrightarrow{Quick\:Ratio ={\dfrac{Quick \: Assets}{Current \: Liabilities}}}}⟶QuickRatio=
CurrentLiabilities
QuickAssets
Current Liabilities = 2,50,000
Quick Assests = Current Assets - Stock
\longrightarrow⟶ 6,25,000 - 1,75,000
\longrightarrow⟶ 4,50,000
Quick Assests = 4,50,000
\sf{\longrightarrow{Quick\:Ratio ={\dfrac{Quick \: Assets}{Current \: Liabilities}}}}⟶QuickRatio=
CurrentLiabilities
QuickAssets
\sf{\longrightarrow{ \dfrac{450000}{250000} = \dfrac{1.8}{1}}}⟶
250000
450000
=
1
1.8
Quick Ratio = 1.8 : 1
Therefore,
Quick Ratio = 1.8 : 1