1.

Current assets of company ₹ 6,00,000 and its Current ratio is 2 : 1. Find Current liabilities.

Answer»

Current ratio = \(\frac{Current\,assets}{Current\,liabilities}\)

\(\frac{2}{1}=\frac{6,00,000}{Current\,liabilities}\)

2 × Current liabilities = 6,00,000 × 1

Current liabilities = \(\frac{6,00,000}{2}\) = ₹ 3,00,000



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