Question

working capital =600000 , total debts =2700000 , non current liability =2400000 ,find out current ratio?​

Answer 1

Answer:

Current liability = Total debt - non current liability

=27,00,000 - 24,00,000

= 3,00,000

Working capital = current asset - current liability

6,00,000 = x - 3,00,000

current assets = 6,00,000+3,00,000

=9,00,000

current ratio = 9,00,000/3,00,000

=2:1

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