Pooja posted an Question
June 13, 2021 • 20:58 pm 30 points
  • UGC NET
  • Commerce

6. current ratio 2.5, liquid ratio 1.5 and working capital 60,000. what is current assets ? (a) 60,000 (b) 80,000 (c) 7 1,00,000 (d) 1,20,000

6. Current Ratio 2.5, Liquid Ratio 1.5 and Working Capital 60,000. What is Current Assets ? (A) 60,000 (B) 80,000 (C) 7 1,00,000 (D) 1,20,000

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    Ronak kumari upadhyay

    correct ans C Rs.1,00,000 Current Ratio = Current Assets (C.A)/ Current Liabilities (C.L) = 2.5 So, CA= 2.5 CL Now, Working Capital = Current Assets(C.A) minus Current Liabilities (C.L) = Rs.60000 So, C.A - C.L = 60000 2.5 C.L-CL = 60000 C.L = Rs.40000 Now, C.A = 2.5 x 40000 = Rs.100000

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