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
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
3
Answer: 10000
Explanation:
CR = 2:5
CL = 25000
CA =?
CA = CR*CL =2/5*25000 = 2*5000= 1000 ans
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