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Current ratio 3:1 , working capital 4,00,000 find current assets and current liabilities |
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Answer» CURRENT ratio = current asset / current liabilities 3/1 = current asset / current liabilities CA = 3 CL ------------equation 1 working capital = current asset - current liabilities 400000= current asset - current liabilities 400000 = 3CL - CL 400000=2CL 2CL = 400000 CL=400000/2 CL =200000 current liabilities = 200000 current asset = 400000+current liabilities =400000+200000 current asset =600000 hope its useful..!! |
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