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Question 10 Chapter 7 -Unimax Publication Class 12 Part 2 – 2021

Question No -10 Chapter no - 7 Unimax Class - 12 Part -II
Question No -10 Chapter no - 7 Unimax Class - 12 Part -II

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Question 10 Chapter 7 – Unimax Publication Class 12 Part 2 – 2021

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X Ltd. has current ratio 3.5:1 and quick ratio of 2:1. If its inventory is ₹ 30,000. Find out its current assets, current liabilities and quick ratio

The solution of Question 10 Chapter 7 – Unimax Publication Class 12 Part 2-2021 : –

Position Before Payment of C.L Position Before Payment of C.L
C.A= ₹ 3,00,000 C.A=₹ 2,40,000
C.L= 1,20,000 + 60,000 C.R =Current Assets
     Current Liabilities
 = ₹ 1,80,000 2=2,40,000
W.C.= C.A. – C.L.  1 C.L
 = 3,00,000 – 1,80,000    
 = ₹  1,20,000C. L =2,40,000=₹ 1,20,000
   2
W.C= C.A. – C.L. 
 = 2,40,000 -1,20,00
 = ₹ 1,20,000 Ans.

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