Home
Class 12
ACCOUNTS
Woking capital is 720000, Trade payables...

Woking capital is 720000, Trade payables 40,000, other current Liablities 200,000 calculate current Ratio.

Text Solution

Verified by Experts

Current Ratio =`("Current Assets")/("Current Liabilities") =(Rs 960000)/(Rs240000)=4:1`
Current Liabilites=Trade Payables +other current Liabilites
=Rs 40000+Rs200000=Rs240000.
Working Capital =current Assets -Current Liabilities
=Rs720000+Rs240000=Rs960000.
Doubtnut Promotions Banner Mobile Dark
|

Topper's Solved these Questions

  • ACCOUNTING RATIOS

    TS GREWAL|Exercise Evaluation Questions|13 Videos

  • ACCOUNTING RATIOS

    TS GREWAL|Exercise Exercise|147 Videos

  • ACCOUNTING FOR PARTNERSHIP FIRMS-FUNDAMENTALS

    TS GREWAL|Exercise EVALUATION QUESTION :QUESTIONSWITHMISSINGVALUES|3 Videos

  • Admission of a Partner

    TS GREWAL|Exercise EXERCISE|107 Videos

Similar Questions

Explore conceptually related problems

Working capital is Rs 900000, Trade payables Rs 90000, and other current liabilities are Rs 210000 calculate current ratio.

Trade payables rs 50000 working capital Rs 900000, current liabilities Rs 300000, calculate current ratio.

Knowledge Check

  • Working Capital is Rs 7,20,000, Trade Payables Rs 40,000, other Current Liabilities Rs 2,00,000, Calculate Current Ratio

    A
    `3 : 1`
    B
    `4 : 1`
    C
    `5 : 1`
    D
    `7 : 1`

  • Working Capital is Rs.7,20,000, Trade payables Rs.40,000, Other Current Liabilities Rs.2,00,000, Calculate Current Ratio.

    A
    `3 : 1`
    B
    ` 4 : 1`
    C
    `5 : 1`
    D
    `7 : 1`

  • Current Assets are Rs 4,00,000, Inventories Rs 2,00,000, Working Capital Rs 2,40,000, Calculate Current Ratio

    A
    `2.5 : 1`
    B
    `1 : 1`
    C
    `2 : 1`
    D
    `1 : 2`

    • Similar Questions

    Explore conceptually related problems

    Shareholders' funds Rs 800000, Total Borrowongs Rs 1800000, short-terms Borrowings Rs 200,000 Other Current Liabilities Rs 600000. Calculate Total Assets to Debt Ratio.

    Current Assets are 400000 Inventories 200000 Working capital 240000 calculate current Ratio.

    Capital Employed Rs 1000000,Fixed assets Rs 700000, current liablities Rs 100000.There are no long term investments calculate current ratio.

    Shareholders' Funds Rs 1400000,Total Debts (Liabilites) Rs 1800,000,Current Liabilities Rs 200000. Calculate Total Assets to Debt Ratio.

    Current Assets are Rs. 4,00,000, Inventories Rs. 2,00,000 , Working Capital Rs.2,40,000 Calculate Current Ratio

    Home
    Profile