1.

Calculation of Stock1. Quick Ratio is 1.5, Current Assets 1,00,000, Current Liabilities 40,000. Caleulate value ofStock.

Answer»

QR = 1.5 = (asset - stock)/liabilities

=> (100000-stock) = 1.5*(40,000)=> stock = 100000-60000 = 40000



Discussion

No Comment Found