Question

Calculate Current Ratio from the following information:

Particulars	₹	Particulars		₹
Total Assets	5,00,000	Non-current Liabilities		1,30,000
Fixed Tangible Assets	2,50,000	Non-current Investments		1,50,000
Shareholders' Funds	3,20,000

Answer 1

Total Assets = Fixed Tangible Assets + Non - Current Investments + Current Assets
5,00,000 = 2,50,000 + 1,50,000 + Current Assets
Current Assets = 5,00,000 – 4,00,000 = Rs 1,00,000

Total Assets = Shareholder’s Funds + Non – Current Liabilities + Current Liabilities
5,00,000 = 3,20,000 + 1,30,000 + Current Liabilities
Current Liabilities = 5,00,000 – 4,50,000 = Rs 50,000