Current ratio of a concern is 1,its net working capital will bea) Posi

1.	Current ratio of a concern is 1,its net working capital will bea) Positiveb) Negativec) Nild) None of the above
Answer» (c) Nil Current ratio = Current asset/Current liability, if its 1 that means Current Asset = Current liability While net working capital = (receivable + inventory + cash - payable).

Current ratio of a concern is 1,its net working capital will bea) Positiveb) Negativec) Nild) None of the above

Answer»

(c) Nil

Current ratio = Current asset/Current liability, if its 1 that means Current Asset = Current liability

While net working capital = (receivable + inventory + cash - payable).

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Current ratio of a concern is 1,its net working capital will bea) Positiveb) Negativec) Nild) None of the above

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