A) 1.33 :1
B) 4 : 1
C) 2.5 : 1
D) 3 : 1
Correct Answer: B
Solution :
[b] 4:1 |
Hint: Working Capital = Current Assets - Current Liabilities |
2,40,000 = (2,00,000 +1,00,000 + 20,000) - CL |
CL=Rs. 80,000 |
Current Ratio = \[\frac{Current Assets}{~Current Liabilities}\] |
=\[\frac{3,20,000}{~80,000}\]= 4:1 |
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