Ashok Ltd. has a Current Ratio of 3.5 : 1 and Quick Ratio of 2 : 1. If excess of Current Assets over Quick Assets

141 viewsMarch 12, 2024[ISC] Ratio Analysis

Anurag Pathak24.20K March 12, 2024 0 Comments

Ashok 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 inventory is ₹ 24,000, find its Total Current Assets, Total Current Liabilities and Quick Assets.

Anurag Pathak Changed status to publish March 12, 2024

Add a Comment

1 Answer

Anurag Pathak24.20K Posted March 12, 2024 0 Comments

Solution:-

Anurag Pathak Changed status to publish March 12, 2024

Add a Comment

Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

Articles: 6884

1 Answer

Anurag Pathak

Related Questions