Question
Champion Ltd. define following data for calculating Current Ratio: Current Assets Rs.20,00,000 , Inventories Rs.10,00,000 , Working Capital Rs.12, 00,000.
Solution
Working capital = Current asset – Current Liability 1200000 = 20,00,000- current liability CL = 800000 CR = 2000000/800000 = 2.5 times
More Alternate Sources of Finance Questions
- An effective MIS (Management Information System) should have all the features, except?
- U nder priority sector lending (PSL) norms as revised in March 2025 , w hat is the weight assigned to districts with low PSL credit of per capita < ₹9,000 ...
- The bonds which are issued outside the jurisdiction of one country and denominated in a currency different from the currency of the countries in which they...
- A security is a freely marketable and the investor has an intention to hold it for dividend income purposes for a period of 15 months only. Under which hea...
- As per Schedule in of the Companies Act, 2013, a Company shall disclose by way of notes additional information regarding aggregate expenditure and income i...
- Which of the following is considered a profitability measure?
- According to CAPM (Capital Asset Pricing Model), what is the required rate of return for a stock with a beta of 0.7 when the risk-free rate is 5% and the e...
- Which year did SEBI make BRSR mandatory for the top 1,000 listed entities by market capitalization?
- What is a benefit of working in cross-functional teams?
- Why is it important to follow established procurement procedures?
