📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    Refer the following summarized Balance Sheet of Roy Ltd.

    as on 31‐3‐2023: Additional Information: Operating expenses for the year 2023 amounted to Rs. 15,50,000. Consider 365 days in a year. Calculate net working capital:
    A 6,50,000 Correct Answer Incorrect Answer
    B 1,60,000 Correct Answer Incorrect Answer
    C 3,80,000 Correct Answer Incorrect Answer
    D 4,00,000 Correct Answer Incorrect Answer

    Solution

    Current Assets – Current Liabilities = 10,50,000-4,00,000 = 6,50,000

    Practice Next
    ask-question