A) Rs. 10,000
B) Rs. 25,000
C) Rs. 40,000
D) Rs. 15,000
Correct Answer: C
Solution :
[c] Rs. 40,000 |
Hint: |
Current Ratio =\[\frac{Current Assets}{Current Liabilities}\] =\[\frac{4}{1}\]=\[\frac{CA}{CL}\] |
\[\therefore \]CA= 2.5CL .(i) |
Quick Ratio =\[\frac{Quick Assets}{Current Liabilities}\] =>\[\frac{2.5}{1}\]=\[\frac{QA}{CL}\] QA=2.5 CL ...(ii) |
Inventories = CA - QA |
15,000 = 4 CL - 2.5 CL |
15.000 = 1.5 CL |
\[\therefore \] CL=\[\frac{15,000}{1.5}\]=> Rs. 10,000 |
CA = 4CL = 4 \[\times \] 10,000 = Rs. 40,000 |
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