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