Question

working capital =800000, trade payable = 180000 , other current liabilities = 20000 and find out current
ratio.​

Answer 1

Answer:

Current Ratio = 5:1

Explanation:

Current Ratio = Current Assets / Current liabilities

= 10,00,000/2,00,000

Here, Current liabilities= 1,80,000+20,000

= 2,00,000

Working Capital= Current Assets-Current liabilities

8,00,000 = Current Assets- 2,00,000

Current Assets= 10,00,000