Question : A company's working capital is Rs 2,000,000, and its current ratio is 3:1. What current assets will there be?
Option 1: Rs. 5,00,000
Option 2: Rs. 3,00,000
Option 3: Rs. 1,00,000
Option 4: Rs. 1,50,000
Correct Answer: Rs. 1,50,000
Solution : Current Ratio = Current Assets/Current Liabilities 3 = x/y 3y = x CA – CL = WC x – y = 2,00,000 3y – y = 2,00,000 2y= 2,00,000 2y = 1,00,000 y = 50,0000 Since x= 3y so, x= 3 * 50,000 i.e. 1,50,000 will be the correct answer. Hence, the correct option is 4.
Question : A firm had current assets of Rs.3,00,000 It then paid trade payables of Rs.50,000. After this payment, the current ratio was 2.5:1 The amount of Current Liabilities and Working Capital after the payment are ___________.
Question : A company’s Current assets are Rs.5,00,000 and its current liabilities are Rs.3,00,000. Subsequently, it paid Rs.1,00,000 to its trade payables. What will be the current ratio?
Question : A Firm's Current Assets are Rs.8,00,000 and working capital is Rs.4,00,000. What will be its current ratio?
Question : A company liquid assets are Rs.5,00,000 and its current liabilities are Rs.3,00,000. Thereafter, it paid Rs.1,00,000 to its trade payable. Quick Ratio will be -
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