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    • Question

      A company’s current ratio is 1.5:1 and current

      liabilities are ₹4,00,000. What are its current assets?
      A ₹2,66,667 Correct Answer Incorrect Answer
      B ₹5,00,000 Correct Answer Incorrect Answer
      C ₹6,00,000 Correct Answer Incorrect Answer
      D ₹4,50,000 Correct Answer Incorrect Answer
      E ₹3,75,000 Correct Answer Incorrect Answer

      Solution

      Current Assets = Current Ratio × Current Liabilities = 1.5 × ₹4,00,000 = ₹6,00,000.

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