1.

Current liabilities = ₹ 3,00,000Working capital = ₹ 8,00,000Inventory = ₹ 2,00,000Calculate Quick ratio.

Answer»

Current assets = Current liabilities + Working capital

= 3,00,000 + 8,00,000

= ₹ 11,00,000

Quick assets = Current assets – Inventory

= 11,00,000 – 2,00,000

= ₹ 9,00,000

Quick liability = Current liabilities – Bank O/D = ₹ 3,00,000

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

= \(\frac{9,00,000}{3,00,000}\)

= \(\frac{3}{1}\)

= 3 : 1



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