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?
Option 1: 3:1
Option 2: 2:1
Option 3: 1:2
Option 4: 4:1
Correct Answer: 2:1
Solution : Working capital = Current Assets - Current Liability 4,00,000 = 8,00,000 - Current Liability Current Liability = 4,00,000 Current ratio = 8,00,000/4,00,000=2:1 Hence option 2 is the correct answer.
Question : A firm's current ratio is 3: 1. Its current liabilities are Rs 80,000 its working capital will be
Question : A company's working capital is Rs 2,000,000, and its current ratio is 3:1. What current assets will there be?
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Question : Working Capital Rs.4,50,000; Current Assets Rs.6,00,000; Inventory Rs.4,00,000 and Trade Receivables Rs. 1,50,000. Current ratio will be
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