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
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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= | |
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
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Chapter No. 1 – Accounting Not for Profit Organisations
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Chapter No. 2 – Partnership Accounts – I
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Chapter No. 3 – Partnership Accounts – II (Introduction)
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Chapter No. 4 – Partnership Accounts – III (Goodwill: Nature and Valuation)
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Chapter No. 5 – Partnership Accounts – IV (Reconstitution of Partnership)
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Chapter No. 6 – Partnership Accounts – V (Admission of A Partner)
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Chapter No. 7 – Partnership Accounts – VI (Retirement and Death of A Partner)
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Chapter No. 8 – Company Accounts (Share Capital)
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Chapter No. 9 – Company Accounts (Issue of Debentures)
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Chapter No. 10 – Company Accounts (Redemption of Debentures
Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution
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Chapter No. 1 – Financial Statements of a Company (Balance Sheet Only)
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Chapter No. 2 – Techniques of Financial Statement Analysis
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Chapter No. 3 – Ratio Analysis
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Chapter No. 4 – Cash Flow Statement
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