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Question 02 Chapter 4 of +2-B – USHA Publication 12 Class

Question 02 Chapter 2 of +2-B
Q-2- CH-4 Book 2 - Usha Pub. +2 Book 2020 - Solution

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Question 02 Chapter 4 of +2-B

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I. Liquidity Ratios

2. (Current Ratio From Total Assets & Total Liabilities) Calculate the current ratio from the following information.

ParticularParticular
Total Assets2,50,000Long term Liabilities 50,000 
Fixed Assets1,00,000Investment 1,00,000 
Shareholders Fund1,75,000  

The solution of Question 02 Chapter 4 of +2-B: – 

 

Total Assets=Fixed Assets + Investment + Current Assets
₹ 2,50,000=₹ 1,00,000 + ₹ 1,00,000 + Current Assets  
Current Assets=₹ 50,000

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Total Assets=Total Liabilities (Shareholder’s Fund + Long term Liabilities + Current Liabilities)
₹ 2,50,000=₹ 1,75,000 + ₹ 50,000 + Current Liabilities
Current Liabilities=₹ 25,000

 

Current Ratio=Current Assets
Current Liabilities

 

Current Ratio=50,000
25,000


Current Ratio=2:1

What are Liquidity Ratios – Formulas and Examples

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Also, Check out the solved question of previous Chapters: –

Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

Question 1 Chapter 1 of +2-B
T.S. Grewal’s Analysis of Financial Statements

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