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

Question 07 Chapter 4 of +2-B

Question 07 Chapter 4 of +2-B

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

 

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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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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