1.

Current ratio 3:1 , working capital 4,00,000 find current assets and current liabilities

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..!!




Discussion

No Comment Found

Related InterviewSolutions