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Question 07 Chapter 4 of +2-B – USHA Publication 12 Class

Question 07 Chapter 4 of +2-B
Q-7- CH-4 Book 2 - Usha Pub. +2 Book 2020 - Solution

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Question 07 Chapter 4 of +2-B

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I. Liquidity Ratios

7. (Current Ratio/W.C. given) Current Assets ₹ 20,00,000
Inventory ₹ 8,00,000
Working Capital ₹ 13,00,000
Calculate the current ratio

The solution of Question 07 Chapter 4 of +2-B: – 

 

Current Assets=₹ 20,00,000
Working Capital=Working Capital
Current Liabilities=Current Assets – Working Capital
 =₹ 20,00,000 – ₹ 13,00,000
Current Assets=₹ 7,00,000

 

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Current Ratio=Current Assets
Current Liabilities

 

Current Ratio=₹ 20,00,000
₹ 7,00,000


Current Ratio=2.85:1

What are Liquidity Ratios – Formulas and Examples

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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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