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Question 14 Chapter 7 -Unimax Publication Class 12 Part 2 – 2021

Question No -14 Chapter no - 7 Unimax Class - 12 Part -II
Question No -14 Chapter no - 7 Unimax Class - 12 Part -II

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Question 14 Chapter 7 – Unimax Publication Class 12 Part 2 – 2021

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Current assets of a company are ₹ 5,00,000: Current ratio 2.5:1 and quick ratio 1:1. Calculation the value of current liabilities, liquid asset and stock.

The solution of Question 14 Chapter 7 – Unimax Publication Class 12 Part 2-2021 : –

Current Ratio ==Current Assets  
 Current Liabilities 
 2.5=5,00,000  
 1Current Liabilities 
C.L=5,00,000  
 2.5 
 ₹ 2,00,000 Ans.   
Quick Ratio =Quick Assets  
 Current Liabilities 
 1=Quick assets  
 12,00,000 
Q.A. =₹ 2,00,000 Ans.   
Stock = Current assets – quick assets
 = 5,00,000 – 2,00,000
 = ₹ 3,00,000 Ans.

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