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Following data is available from the records of X Ltd:

   

Inventories

Trade Receivables

Advance Tax

Cash in Hand

Net Profit after Tax

Trade Payables

1,00,000

1,05,000

8,000

60,000

2,50,000

2,00,000

Bank Overdraft

Reserves and Surplus

8% Preference Share Capital

Equity Share Capital

Provision for Doubtful Debts

8,000

60,000

5,00,000

10,00,000

5,000

Calculate (i) Current Ratio, and (ii) Quick Ratio.

Anurag Pathak Changed status to publish March 12, 2024
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