Working capital ratio 3:1 quick ratio 1:1 current assets 90000 calculate liquid assets current liabilities
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Working capital ratio= current asset/current liabilities
3/1= 90000/ current liabilities
=> current liabilities= 30000
Quick ratio= liquid assets/ current liabilities
1/1= liquid assets/ 30000
=> liquid assets= 30000
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Answer:
liquid assets 30000 and current liability 30000
Explanation:
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