A firm had current Liabilities of ₹ 5,40,000. It purchasad stock of ₹ 60,000 on credit. After the purchase of stock, Current Ratio was 2 : 1.
A firm had current Liabilities of ₹ 5,40,000. It purchasad stock of ₹ 60,000 on credit. After the purchase of stock, Current Ratio was 2 : 1. Calculate Current Assets and Working Capital after and before the stock was purchased.
[Ans.: Current Assets after purchase ₹ 12,00,000; working Capital after purchase ₹ 6,00,000; Current Assets before purchase ₹ 11,40,000; Working Capital before purchase ₹ 6,00,000.]
Anurag Pathak Changed status to publish August 1, 2023
