A company’s stock is Rs. 2,00,000. Total liquid assets are Rs. 8,00,000 and quick ratio is 2:1. Calculate current ratio.

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Latest Answer: 1 month ago
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A company’s stock is Rs. 2,00,000. Total liquid assets are Rs. 8,00,000 and quick ratio is 2:1. Calculate current ratio.

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1 Answers

Answered By Anita Sahani
Answer: 1 month ago

Given Data:Stock = Rs. 2,00,000Total Liquid Assets = Rs. 8,00,000Quick Ratio = 2:1Current Liabilities:Quick Ratio = Liquid Assets / Current Liabilities 2 = 8,00,000 / Current LiabilitiesCurrent L... Read More

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