wiz-icon
MyQuestionIcon
MyQuestionIcon
1329
You visited us 1329 times! Enjoying our articles? Unlock Full Access!
Question

Current Assets of a company is are ₹ 5,00,000. Its Current Ratio is 2.5 : 1 and Quick Ratio is 1 : 1. Calculate value of Current Liabilities, Liquid Assets and Inventory.

Open in App
Solution

Current Assets = 5,00,000

Liquid Assets = Current Liabilities × 1 = 2,00,000

Inventory = Current Assets − Quick Assets

= 5,00,000 − 2,00,000 = 3,00,000


flag
Suggest Corrections
thumbs-up
33
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Balance of Payments
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon