Accountancy, asked by SHIKHZCHIKZ7892, 1 year ago

When the current ratio is 2:5 and the amount of current liabilities is rs. 25,000, what is the amount of current assets?

Answers

Answered by PiaDeveau
5

Current assets = 62,500

Explanation:

Given:

Current ratio = 2:5

Current liabilities = 25,000

Current assets = ?

Computation of current assets:

Current ratio = Current assets / Current liabilities

2.5 = Current assets / Current liabilities

2.5 = Current assets / 25,000

Current assets = 2.5 × 25,000

Current assets = 62,500

Therefore, current assets is 62,500

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Answered by sahidmiyandema
3

Answer: 10000

Explanation:

CR = 2:5

CL = 25000

CA =?

CA = CR*CL =2/5*25000 = 2*5000= 1000 ans

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