A company had Current Assets of ₹ 4,50,000 and Current Liabilities of ₹ 2,00,000. Afterwards if purchased goods for ₹ 30,000 on credit. Calculate Current Ratio after the purchase.
A company had Current Assets of ₹ 4,50,000 and Current Liabilities of ₹ 2,00,000. Afterwards if purchased goods for ₹ 30,000 on credit. Calculate Current Ratio after the purchase.
[Ans.: Current Ratio = 2.09 : 1.]
Anurag Pathak Changed status to publish August 1, 2023