Moon Ltd. has a Current Ratio of 3.5 : 1 and Quick Ratio of 2 : 1. If the inventories is ₹ 24,000; Calculate total Current Liabilities and Current Assets.

2.57K viewsAugust 2, 2023Accounting Ratios

Anurag Pathak24.20K August 2, 2023 0 Comments

[Ans.: Current Assets = ₹ 56,000; Current Liabilities = ₹ 16,000.]

Anurag Pathak Changed status to publish August 2, 2023

Add a Comment

1 Answer

Anurag Pathak24.20K Posted August 2, 2023 0 Comments

Solution:-

Anurag Pathak Changed status to publish August 2, 2023

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