Question 06 Chapter 4 of +2-B – USHA Publication 12 Class

Question 06 Chapter 4 of +2-B

Question 06 Chapter 4 of +2-B

I. Liquidity Ratios

6. (Current Assets & Current Liabilities/Current Ratio given) Current ration of a company is 3:1 and working capital is ₹ 1,00,000. Calculate of current assets and current liabilities.

The solution of Question 06 Chapter 4 of +2-B: – 

 

Working Capital = Current Assets – Current Liabilities
1,00,000 = 3 – 1
2* = ₹ 1,00,000

 

Current Assets = ₹ 1,00,000 X 3
2
  = ₹ 1,50,000    
Current Liabilities = ₹ 1,00,000 X 1
2
  = ₹ 50,000    

*If WC is 2 then CA = 3

₹ 1,00,000 3 X ₹1,00,000
  2

 

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

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T.S. Grewal’s Analysis of Financial Statements

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