Question

Calculate Current Ratio Particulars (Rs.)

Q: Answer-Calculate Current Ratio Particulars (Rs.) Inventories 50,000 Trade receivables 50,000 Advance tax 4,...

Current AssetsCurrent Liabilities Current Assets Inventories Trade receivables Advance tax Cash and cash equivalents Rs. 50,000 Rs. 50,000 Rs. 4,000 Rs. 30,000 Rs. 1,34,000 Current Liabilities Trade payables Short-term borrowings Rs. 1,00,000 Rs. 4,000 Rs. 1,04,000 Current Ratio Rs.1,34,000104000 1.291

Inventories 50,000 Trade receivables 50,000 Advance tax 4,000 Cash and cash equivalents 30,000 Trade payables 1,00,000 Short-term borrowings (bank overdraft) 4,000

A 1.33: 1

B 1.29:1

C 1.5:1

D 1.6:1

E 1.75:1

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