Question : The Current Liabilities of a Company are Rs.7,00,000. Its current ratio is 3.5: 1 and its acid test ratio is 1.5: 1. The value of Current assets, Liquid assets and Inventories are

Option 1: Current assets 10,50,000. Liquid assets 6,12,500. Stock 4,37,500

Option 2: Current assets 10,50,000. Liquid assets 6,22,500, stock 4,27,500

Option 3: Current assets 6,22,500. Liquid assets Rs 10,50,000. Stock 4,27,500

Option 4: Current assets24,50,000, liquid assets 10,50,000. Stock 14,00,000

Question : A firm has a Current Ratio of 3.5: 1 and a Quick Ratio of 2: 1. If its inventory is Rs.75,000, total current assets and total current liabilities are

Option 1: Current assets Rs 2,16,000 and current liabilities Rs 48,000

Option 2: Current assets Rs 1,08,000 and current liabilities Rs 24.000

Option 3: Current assets Rs 1,75,000 and current liabilities Rs 50,000

Option 4: None of the above

Question : A firm has a Current Ratio of 3.5: 1 and a Quick Ratio of 2: 1. If its inventory is Rs.75,000, total current assets and total current liabilities are

Option 1: Current assets Rs 2,16,000 and current liabilities Rs 48,000

Option 2: Current assets Rs 1,08,000 and current liabilities Rs 24.000

Option 3: Current assets Rs 1,75,000 and current liabilities Rs 50,000

Option 4: None of the above

Question : Which of the following is the correct formula for "Current Ratio"?

Option 1: Liquid Assets/Current Liabilities

Option 2: Current Assets/Current Liabilities

Option 3: Fixed Assets/Current Assets

Option 4: Liquid Assets/Current Assets

Question : ---------------------ratio explains the relationship between current assets and current liabilities of a business.

Option 1: Liquid ratio

Option 2: Current ratio 

Option 3: Current assets ratio 

Option 4: Current liabilities ratio