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If current ration is given as 2.5, liquid assets are 60,000 then the value of stock will be? |
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Answer» Ratio = Current Assets (C.A)/ Current LIABILITIES (C.L) = 2.5So, CA= 2.5 CLNow, Working CAPITAL = Current Assets(C.A) minus Current Liabilities (C.L) = Rs.60000So, C.A - C.L = 60000 2.5 C.L-CL = 60000 C.L = Rs.40000Now, C.A = 2.5 x 40000 = Rs.100000 |
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