Question
Current ratio of a firm is 1.5 and quick ration is 1.2.
If there are total inventories of Rs.6 lakh, what is the net working capital of the firm (in Rs. Lakh)?ĀSolution
Net Working Capital = Current Assets- Current LiabilitiesĀ Quick Ratio= (Current Assets- Inventories) / Current Liabilities =1.2 From this - Current Assets = 1.2 x Current Liabilities + 6 Current Ratio= Current Assets/ Current Liabilities =1.5 From this - Current Assets = 1.5 x Current liabilitiesĀ Therefore,Ā 1.5 x Current liabilities = 1.2 x Current Liabilities + 5 0.3 Current Liabilities = 6 Current Liabilities = Rs.20 Lakh Current Assets = 1.5 x 20 = Rs. 30 lakh Ā Net Working Capital = Current Assets- Current Liabilities = 30-20 = Rs.10 lakh
Addition of ethylene dibromide to petrolĀ
What is the process of changing a substance directly from solid to gas called ?
A nucleus X of mass number 238 undergoes 3 Ī±-decays and 2 Ī²ā»-decays successively. The mass number and atomic number of the resulting nucleus Y are:...
A fluid flows through a horizontal pipe. The pressure drops by 2000 Pa and speed increases from 2 m/s to 4 m/s. Find density.
What is the smallest unit of the kidney called?
Which period and group in the long form of periodic table contain maximum number of elements?
Galvanisation is the process of depositing a layer of ________ on iron.
You will see that the atomic radius decreases in moving from left to right along a period in the Periodic Table. The reason for this is-
Which planet is known as the Red Planet?
Which muscle type is involuntary and found in internal organs?
