Calculate Current Ratio the following information :
`{:("Particulars",,,Rs.),("Trade receivables",,,50_(,)000),("Advance tax ",,,4_(,)000),("Cash and cash qquivalents",,,30_(,)000),("Trade payable",,,1_(,)00_(,)000),("Short - yerm borrowing" "(bank overdraft)",,,4_(,)00),(,,,):}`

Explanation

Current Ratio `=("Current Assets")/("Current Liabilities")`
Current = Inventories + Trade receivables + Advance tax + Cush and equivalents
= Rs. 50,000 + Rs. 4,000 + Rs. 30,000
= Rs. 1,34,000
= Rs. 1,34,000
Current Liabilities = Trade payble + Short - term borrowings
= Rs. 1,00,000 + Rs. 4,000
= Rs. 1,04,000
Current Ratio `=(Rs. 1,34,000)/(Rs. 1,04,000)1.29:`