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
Option 1: 2:1
Option 2: 3:1
Option 3: 4:1
Option 4: None of the above
Answer (1)
27th Jan, 2024
Correct Answer: 4:1
Solution : Answer = 4:1
C. Ratio= $\frac{\text{Current Assets}}{\text{Current Liab}}$
= $\frac{6,00,000}{1,50,000}$ = 4:1
Working Capital = C.Assets -C.Liab.
4,50,000 = 6,00,000 - C.liab
C.laib = 1,50,000.
Hence, the correct option is 3.
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