Answer-The current ratio of a company is 1.5 times. Calculate the cash from the following information: Curr...

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Current Ratio  Current assetscurrent liabilities Thus, current assets  current ratio  current liabilities                                                  1.5  Rs.50,000                                                  Rs.75,000 Current assets  inventory  receivables  prepaid expenses  cash Thus, Rs.75,000  Rs.25,000  Rs.35,000  Rs.5,000  cash Cash  Rs.10,000

The current ratio of a company is 1.5 times. Calculate the cash from the following information: Current liabilities = Rs.50,000 Inventory = Rs.25,000 Receivables = Rs.35,000 Prepaid expenses = Rs.5,000

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