Question 24 Chapter 4 of +2-B
Table of Contents
Current Ratio and Quick Ratio
24. Xolo Ltd.’s Liquidity Ratio is 2.5 : 1. Inventory is Rs. 6,00,000. Current Ratio is 4 : 1. Find out the Current Liabilities.
The solution of Question 24 Chapter 4 of +2-B: –
| Current Ratio | = | Current Assets | = | 4 |
| Current Liabilities | 1 |
| Liquid Ratio | = | Liquid Assets | = | 2.5 |
| Current Liabilities | 1 |
| Inventory | = | Rs. 6,00,000 |
| Let Current Liabilities | = | x |
| Current Assets | = | 4x |
| Liquid Assets | = | 2.5x |
| Inventory | = | Current Assets – Liquid Assets |
| Rs. 6,00,000 | = | 4x – 2.5x |
| = | Rs. 4,00,000 | |
| Current Liabilities | = | Rs. 4,00,000 |
Balance Sheet: Meaning, Format & Examples
Thanks, Please Like and share with your friends
Comment if you have any question.
div style="width:100%; min-height:320px; max-height:350px; margin:0 auto; text-align:center; overflow:hidden; position:relative;">
Ads loading…
Advertisement-X
