Question

Calculate the Current ratio based on above information?

Q: Answer-Calculate the Current ratio based on above information?

Current Ratio Current AssetsCurrent Liabilities 3,05,000 1,05,000 2.90 Current Assets Stock Debtors Cash in hand i.e., 41,000 2,50,000 14,000 3,05,000 Current Liabilities Trade Creditors Bank Overdraft i.e., 80,000 25,000 1,05,000

Refer to the following information to answer the next 4 questions (Q11 to Q14)

A 2.90

B 2.51

C 3.04

D 1.48

E 3.81

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Calculate the Current ratio based on above information?

Solution