Question 08 Chapter 4 of +2-B – USHA Publication 12 Class

Question 08 Chapter 4 of +2-B

Question 08 Chapter 4 of +2-B

I. Liquidity Ratios

8. (Current Liabilities/C.R. given) Find out Current Liabilities when the current ratio is 2:1 and current assets are ₹ 1,00,000.

The solution of Question 08 Chapter 4 of +2-B: – 

 

Current Assets = ₹ 1,00,000
Current Ratio = 2: 1

 

Current Ratio= Current Assets
Current Liabilities

 

2 = ₹ 1,00,000
Current Liabilities
Current Liabilities = ₹ 1,00,000
2
     
  = ₹ 50,000

 

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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