Home
Class 12
ACCOUNTS
Shine Limited has a current ratio 4.5 : ...

Shine Limited has a current ratio 4.5 : 1 and quick ratio 3 : 1, if the inventory is 36,000, calculate Current Liabilities and Current Assets.

Text Solution

Verified by Experts

Current Assets Rs. 1,08,000, Current Liabilities Rs. 24,000)
Promotional Banner

Topper's Solved these Questions

  • ACCOUNTING RATIOS

    NCERT|Exercise Test your Understanding – I|1 Videos

  • ACCOUNTING RATIOS

    NCERT|Exercise Test your Understanding – II|6 Videos

  • ACCOUNTING RATIOS

    NCERT|Exercise Illustration 26|1 Videos

  • ACCOUNTING FOR SHARE CAPITAL

    NCERT|Exercise Test your Understanding - I|11 Videos

  • ANALYSIS OF FINANCIAL STATEMENTS

    NCERT|Exercise Numerical Questions|6 Videos

Similar Questions

Explore conceptually related problems

X ltd has a current ratio fo 3.5 :1 and quick ratio of 2:1 if the inventories is Rs 24000, claculate total current liabilities and current assets.

Current ratio 4, liquid ratio 2.5 inventory Rs 600000. claculate current liabilities , current assets and liquid assets.

X ltd has current ratio of 4.5:12 and a quick ratio of 3:1 if its inventroy is Rs 36000 find out its total current assets and total current liabilites

Current Ratio of A ltd is 4.5 1 and Liquid Ratio is 3:1 If its Inventories are 3000000 find out its current Libilites, Current Assets and Quiock Assets.

A firm has current Ratio of 4:1 and Quick Ratiio of 2.5:1. Assuing Inventores are 22500, find out total Current Assets and total Current Liablities.

X Ltd. , has a current ratio of 3.5:1 and quick ratio of 2:1 If excess of current assets over quick assets represented by inventories is Rs. 24,000, calculate current assets and current liabilities.

Current assets of a company are Rs 500000.its current Ratio is 2.5:1 and quick ratio is 1:1 calcuate values of current liabilites liquid assets and inventory.

NCERT-ACCOUNTING RATIOS-Questions for practice (Numerical Questions)
  1. Following is the Balance Sheet of Title Machine Ltd. as at March 31, 2...

    Text Solution

    |

  2. Current Ratio is 3.5 : 1. Working Capital is Rs. 90,000. Calculate the...

    Text Solution

    |

  3. Shine Limited has a current ratio 4.5 : 1 and quick ratio 3 : 1, if th...

    Text Solution

    |

  4. Current Liabilities of a company are Rs. 75,000. If current ratio is 4...

    Text Solution

    |

  5. Handa Ltd. has inventory of Rs. 20,000. Total liquid assets are Rs. 1,...

    Text Solution

    |

  6. Calculate debt-equity ratio from the following information: {:("Tot...

    Text Solution

    |

  7. Calculate Current Ratio if: Inventory is Rs. 6,00,000, Liquid Assets R...

    Text Solution

    |

  8. Compute Inventory Turnover Ratio from the following information: {:...

    Text Solution

    |

  9. Calculate following ratios from the following information: (i) Curre...

    Text Solution

    |

  10. From the following information calculate: (i) Gross Profit Ratio (ii...

    Text Solution

    |

  11. Compute Gross Profit Ratio, Working Capital Turnover Ratio, Debt Equit...

    Text Solution

    |

  12. Calculate Inventory Turnover Ratio if: Inventory in the beginning is...

    Text Solution

    |

  13. Calculate Inventory Turnover Ratio from the data given below: {:("In...

    Text Solution

    |

  14. A trading firm’s average inventory is Rs. 20,000 (cost). If the invent...

    Text Solution

    |

  15. You are able to collect the following information about a company for ...

    Text Solution

    |

  16. From the following Balance Sheet and other information, calculate foll...

    Text Solution

    |

  17. From the following information, calculate the following ratios: i) L...

    Text Solution

    |

  18. From the following, calculate (a) Debt-Equity Ratio (b) Total Assets t...

    Text Solution

    |

  19. Cost of Revenue from Operations is Rs. 1,50,000. Operating expenses ar...

    Text Solution

    |

  20. Calculate the following ratio on the basis of following information: ...

    Text Solution

    |